Storico Company just paid a dividend of $$1\mathrm{.}80$ per share. The company will increase its dividend by $20$ percent next year and then reduce its dividend growth rate by $5$ percentage points per year until it reaches the industry average of $5$ percent dividend growth, after which the company will keep a constant growth rate forever. If the required return on the company's stock is $13$ percent, what will a share of stock sell for today? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Stock price