Staggert Corp. will pay dividends of $5.00, $6.25, $4.75, and $3.00 in the next four years. Thereafter, the company expects its dividend growth rate to be constant at 5.5 percent. If the required rate of return is 17.5 percent, what is the current value of the stock? (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.)

Current value -?