Oracle Corp. pays a constant $13.20 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Share price

Dracle Corp. pays a constant $13.20 dividend on its stock. The company will maintain his dividend for the next 10 years and will then cease paying dividends forever. the required return on this stock is 12 percent, what is the current share price? (Do not ound intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)