In order to buy back its own shares, Pennzoil Co. has decided to suspend its dividends for the next two years. It will resume its annual cash dividend of $2.00 in year 3 and year 4. Thereafter, its dividend payments will grow at an annual growth rate of 6 percent, forever. The required rate of return on Pennzoils stock is 16 percent. According to the discounted-dividend model, what should Pennzoils current share price be?