TUV Inc., just paid a dividend of $6.85 per share on its stock. The growth rate in dividends is expected to be a constant 4 percent per year indefinitely. Investors require an 20 percent return on the stock for the first three years, then a 13 percent return for the next three years, and then an 9 percent return thereafter. What is the current share price? Answer to two decimals, carry intermediate calcs. to four decimals