Tolo Co. plans the following repurchases: $9.6 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 $25 million in four years. The total paid in dividends is expected to increase by 2.6% per year thereafter. If Tolo has 2.4 million shares outstanding and an equity cost of capital of 10.7%, what is its price per share today? The stock price will be $ . (Round to the nearest cent.)