City Garden Suppliers paid a $2 dividend yesterday. It is expected that the dividend will grow at 10 percent per year for 4 years, 7 percent per year for 13 years, and then at 6 percent per year thereafter. If the investors' expected rate of return is 13 percent, what the stock worth today? Hint: Use the present value formula for a growing annuity: rgC1[1(1+r1+g)T]. (Do not round intermediate calculations. Round your answer to 2 decimal places.)