Tolo Co. plans the following repurchases: $9.8 million in one year, nothing in two years, and $19.5 million in three years. After that, it will stop repurchasing and will issue dividends totaling $24.7 million in four years. The total paid in dividends is expected to increase by 3.2% per year thereafter. If Tolo has 1.9 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.)