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SagaTech, Inc. just paid a dividend of $$4\mathrm{.}00$ per share $($that is$,D0=4\mathrm{.}00).$ The dividends of SagaTech are expected to grow at a rate of $20$ percent next year $($that is$,g1=\mathrm{.}20)$ and at a rate of $10$ percent the following year $($that is$,g2=\mathrm{.}10).$ Thereafter $($i$.$e$.,$ from year $3$ to infinity$)$ the growth rate in dividends is expected to be $5$ percent per year. Assuming the required rate of return on SagaTech, Inc. stock is $9$ percent, compute the current price of the stock.

Record your answer as a dollar amount rounded to $2$ decimal places, but do not include a dollar sign or any commas in your answer. For example, record $$18,124\mathrm{.}24985$ as $18124\mathrm{.}25.$

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