Five Star Corporation will pay a dividend of $$4\mathrm{.}60$ per share next year. The company pledges to increase its dividend by $6\mathrm{.}75$ percent per year, indefinitely. If you require a return of $11$ percent on your investment, how much will you pay for the company's stock today?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Current stock price