Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of $22\%$ for the next $4$ years, after which competition will probably reduce the growth rate in earnings and dividends to zero, i$.$e$.,$ g $=0.$ The company's last dividend, D$0,$ was $$1\mathrm{.}25,$ and the required return is $9\mathrm{.}6\%.$ What is the current price of the common stock?