Colgate$-$Palmolive Company has just paid an annual dividend of $$1\mathrm{.}34.$ Analysts are predicting dividends to grow by $$0\mathrm{.}13$ per year over the next five years. After then, Colgate's earnings are

expected to grow $5\mathrm{.}1\%$ per year, and its dividend payout rate will remain constant. If Colgate's equity cost of capital is $9\mathrm{.}2\%$ per year, what price does the dividend$-$discount model predict Colgate

stock should sell for today?

The price per share is $$,.($Round to two decimal places.$)$