Talcville Farms just paid a dividend of $3.50 on its stock. The growth rate in dividends is expected to be a constant 6.5% per year indefinitely. Investors require a 16.5% return on the stock for the first three years, a 14.5% return for the next three years, and an 12.5% return thereafter. What is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)

Current share price $