Perez Inc. will pay a dividend of $$3\mathrm{.}14$ per share next year. The company pledges to increase its dividend by $5$ percent per year indefinitely. If you require a return of $12$ percent on your investment, how much will you pay for the company$$s stock today? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$