If the current dividend is $1\mathrm{.}4$ and increases by $0\mathrm{.}09$ per year $($as a decimal$).$ The required return as a decimal is $0\mathrm{.}12$ and the company decides to make its last dividend payment in $6$ years.

What would be the price of the stock today $($year $1)$ if it is based on the expected dividend payment stream? $($use $2$ decimal places$)$