Gallatin doesn't currently pay dividends, but you expect it to pay its first dividend of $$3\mathrm{.}77$ exactly $5$ years from now. Thereafter, future annual dividends will grow at a constant $3\mathrm{.}9\%$ per year. What is a fair price for the stock today if the equity cost of capital is $10\mathrm{.}7\%?$ Round your answer to the nearest penny.