Dungeons and Dragons Gaming Co. is expected to pay a dividend in year 1 of $1.1, a dividend in year 2 of $2, and a dividend in year 3 of $3.9. After year 3, dividends are expected to grow at the rate of 4.9% per year. An appropriate required return for the stock is 13%. Using the multistage dividend discount model, what should be the price of the stock today? Enter your answer to 2 decimal places.