Tolo Co. plans the following repurchases: $10.5 million in one year, nothing in two years, and $20.5 million in three years. After that, it will stop repurchasing and will issue dividends totaling $24.6 million in four years. The total paid in dividends is expected to increase by 2.8% per year thereafter. If Tolo has 2.2 million shares outstanding and an equity cost of capital of 10.9%, what is its price per share today? The stock price will be $ (Round to the nearest cent.)