Tolo Co. plans the following repurchases: $ 10.4 million in one year, nothing in two years, and $ 20.3 million in three years. After that, it will stop repurchasing and will issue dividends totaling $ 24.1 million in four years. The total paid in dividends is expected to increase by 3 % per year thereafter. If Tolo has 2.1 million shares outstanding and an equity cost of capital of 10.7 % , what is its price per share today? The stock price will be $nothing . (Round to the nearest cent.)