Sea Side, Inc., just paid a dividend of $2.24 per share on its stock. The growth rate in dividends is expected to be a constant 6.3 percent per year indefinitely. Investors require a return of 20 percent on the stock for the first three years, then a return of 15 percent for the next three years, and then a return of 13 percent thereafter. What is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)