Pharsalus Inc. just paid a dividend $($i$.$e$.,$ D$0)$ of $ $2\mathrm{.}25$ per share. This dividend is expected to grow at a rate of $7\mathrm{.}3$ percent per year forever. The appropriate discount rate for Pharsalus's stock is $13\mathrm{.}7$ percent. What is the price of the stock? $($Round your answer to $2$ decimal places and record your answer without dollar sign or commas$).$