Metallica Bearings, Inc., is a young start$-$up company. No dividends will be paid on the stock over the next $7$ years because the firm needs to plow back its earnings to fuel growth. The company will pay a $$4\mathrm{.}68$ per share dividend in $8$ years and will increase the dividend by $0\mathrm{.}04$ per year thereafter. If the required return on this stock is $0\mathrm{.}11,$ what is the current share price? Answer with $2$ decimals $($e$.$g$.45\mathrm{.}45).$