Procter and Gamble $($PG$)$ paid an annual dividend of $$2\mathrm{.}95$ in $2021.$ You expect PG to increase its dividends by $7\mathrm{.}9\%$ per year for the next five years $($through $2026),$ and thereafter by $2\mathrm{.}6\%$ per year. If the appropriate equity cost of capital for Procter and Gamble is $8\mathrm{.}3\%$ per year, use the dividend$-$discount model to estimate its value per share at the end of $2021.$

The price per share is $$,($Round to the nearest cent.$)$