Tolo Co. plans the following repurchases: $10.3 million in one year, nothing in two years, and $19.9 million in three years. After that, it will stop repurchasing and will issue dividends totaling $24.5 million in four years. The total paid in dividends is expected to increase by 3.5% per year thereafter. If Tolo has 1.5 million shares outstanding and an equity cost of capital of 11.5%, what is its price per share today? The stock price will be S (Round to the nearest cent.)