Pane in the Glass Autobody Ltd. (PITGAL) just paid a quarterly dividend of $1.60 per share. PITGAL's dividends grow at a quarterly rate of 1.5%. The company has announced that following the quarterly dividend in one year's time, dividends will grow at a quarterly rate of 2%. Given the risk associated with PITGAL's stock, the required quarterly expected effective return is 3.78%. What is the current price of one share of PITGAL stock?