On the Tokyo Stock Exchange, Honda Motor Company stock closed at

$2,916$ per share on Monday, June $6,2016.$ Honda trades as an ADR on

the NYSE. One underlying Honda share equals one ADR. On June $6,$

$2016,$ the $/$$ exchange rate was $107\mathrm{.}66/$$$1\mathrm{.}00.($Round your answer

to $2$ decimal places.$)$At this exchange rate, what is the no$-$arbitrage U$.$S$.$ dollar

price of one ADR?