Filaska Corp. paid a dividend of $$2\mathrm{.}57$ on its common stock at the end of last year. Dividends are expected to grow at a constant rate of $3\%$ in the forseeable future. What is the intrinsic value of the stock if investors required rate of return is $12\%?$ Round to two decimal places $($Ex$.$ $$0\mathrm{.}00)$