L&M Incorporated is expected to pay a $$1\mathrm{.}50$ per share dividend at the end of this year $($i$.$e$.,$ D$1=$ $$1\mathrm{.}50).$ The dividend is expected to grow at a constant rate of $6\%$ a year. The required rate of return on the stock, rs$,$ is $13\%.$ What is the estimated value per share of L&M$$s stock?