Lohn Corporation is expected to pay the following dividends over the next four years: $$16,$$$12,$$$11,$ and $$7\mathrm{.}50.$ Afterward, the company pledges to maintain a constant $6$ percent growth rate in dividends forever. If the required return on the stock is $16$ percent, what is the current share price? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Current share price