Thomas Brothers is expected to pay a $$1\mathrm{.}6$ per share dividend at the end of the year $($that is$,$ D$1=$ $$1\mathrm{.}6).$ The dividend is expected to grow at a constant rate of $5\%$ a year. The required rate of return on the stock, rs$,$ is $14\%.$ What is the stock's current value per share? Round your answer to two decimal places.