Earnings per common share of ABC Industries for the current year are expected to be $$2\mathrm{.}05$ and to grow $9\mathrm{.}5\%$ per year over the next $4$ years. At the end of the $5$ years, earnings growth rate is expected to fall to $5\mathrm{.}25\%$ and continue at that rate for the foreseeable future. ABC$$s dividend payout ratio is $35\%.$ If the expected return on ABC's common shares is $20\mathrm{.}5\%,$ calculate the current share price. $($Do not round intermediate calculations. Round your answer to the nearest cent.$)$

Current share price $