Premier, Incorporated, has an odd dividend policy. The company has just paid a dividend

of $$6$ per share and has announced that it will increase the dividend by $$5$ per share for

each of the next five years, and then never pay another dividend. If you require a return

of $11$ percent on the company's stock, how much will you pay for a share today? $($Do not

round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$

Current share price