Upper Gullies Corp. just paid a dividend of $$2\mathrm{.}80$ per share. The dividends are expected to grow at $20\%$ for the next

eight years and then level off to a $5\%$ growth rate indefinitely. If the required return is $13\%,$ what is the price of the

stock today? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$

Stock price $