Tresnan Brothers is expected to pay a $$2\mathrm{.}20$ per share dividend at the end of the year $($i$.$e$.,$ D$1=$ $$2\mathrm{.}20).$ The dividend is expected to grow at a constant rate of $7\%$ a year. The required rate of return on the stock, rs$,$ is $20\%.$ What is the stock's current value per share? Round your answer to the nearest cent.