Boehm Incorporated is expected to pay a $$5\mathrm{.}00$ per share dividend at the end of this year $($i$.$e$.,$ D$1=$ $$5\mathrm{.}00).$ The dividend is expected to grow at a constant rate of $8\%$ a year. The required rate of return on the stock, rs$,$ is $11\%.$ What is the estimated value per share of Boehm's stock?