Assume Highline Company has just paid an annual dividend of $ $0\mathrm{.}91.$ Analysts are predicting an $11\mathrm{.}2\%$ per year growth rate in earnings over the next five years. After$$ then, Highline's earnings are expected to grow at the current industry average of $4\mathrm{.}9\%$ per year. If$$ Highline's equity cost of capital is $8\mathrm{.}5\%$ per year and its dividend payout ratio remains$$ constant, for what price does the the dividend$-$discount model predict Highline stock should sell? The value of$$ Highline's stock is $$$ $($Round to the nearest$$ cent.$)$