Constant Growth Valuation

Boehm Incorporated is expected to pay a $2.10 per share dividend at the end of this year (i.e., D₁ = $2.10). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, r_s, is 14%. What is the estimated value per share of Boehm's stock? Round your answer to the nearest cent.