Metallica Bearings, Incorporated, is a young start$-$up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $$15$ per share exactly $10$ years from today and will increase the dividend by $5$ percent per year thereafter. If the required return on this stock is $14\mathrm{.}5$ percent, what is the current share price?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$