SynovecCo. is growing quickly. Dividends are expected to grow at a rate of 5.66percent for the next three years, with the growth rate falling off to a constant 1.02percent thereafter. If the required return is 11.03percent and the company just paid a dividend of $1.71, what is the current share price?

Omit the $ dollar sign and commas. Do not round intermediate calculations and round your final answer to2 decimal places. (e.g., 32.16).