You are investing in a share of stock. The share will pay a dividend of $$5\mathrm{.}68$ at the end of the first year. The dividend is expected to grow forever at a rate of $2\mathrm{.}4\%$ per year. You require a $9\mathrm{.}97\%$ rate of return on the stock investment. What is a fair price $($or$,$ value$)$ for this share of stock?

$($Answer to nearest $$0\mathrm{.}01)$