eBook Constant Dividend Growth Valuation Boehm Incorporated is expected to pay a $1.30 per share dividend at the end of this year (Le., D1 $1.30). The dividend is expected to grow at a constant rate of 10% a year. The required rate of return on the stock, rs, is 18%. What is the estimated value per share of Boehm's stock? Do not round intermediate calculations, Round your answer to the nearest cent