Metallica Bearings, Inc. is a young start$-$up company. No dividends will be paid on the stock over the next eight years because the firm needs to plow back its earnings to fuel growth. The company will pay a $$12$ per share dividend $9$ years from today and will increase the dividend by $2\mathrm{.}9$ percent per year thereafter. If the required return on this stock is $11\mathrm{.}5$ percent, what is the current share price?