Solve for the stock price, P$0,$ using the following information:

D$1$: $$3\mathrm{.}31$

D$2$: $$3\mathrm{.}91$

D$3$: $$4\mathrm{.}74$

D$4$: $$5\mathrm{.}06$

After year $4,$ dividends will grow at a constant $4\%$ per year.

The required return on the stock, rS$,$ is $12\%$ per year.

Enter your answer in dollars and cents, rounded to the nearest cent.