Michael's, Inc., just paid $$2\mathrm{.}50$ to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by $3\mathrm{.}5$ percent. If you require a rate of return of $10\mathrm{.}9$ percent, how much are you willing to pay today to purchase one share of the company's stock? Please write the answer so it can be copied and pasted please $!!$