The Fleming Corporation paid a dividend of $$1\mathrm{.}80$ last year. Over the next $12$ months, the dividend is expected to grow at $9$ percent, which is the constant growth rate for the firm. The new dividend after $12$ months will represent D$1.$ The required rate of return is $14$ percent.

Compute the price of a common share. $($Round the final answer to $2$ decimal places.$)$

Common share price $