Hughes Co. is growing quickly. Dividends are expected to grow at a 20 percent rate for the next three years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 11 percent and the company just paid a $3.10 dividend, what is the current share price? (Do not round intermediate calculations and round the final answer to 2 decimal places. Omit $ sign in your response.) Current share price $