You expect a stock to pay 3 dividends over the rest of its life. You expect the first dividend to be $1.13, occurring 9 months from now, the second to be $0.99, occurring 16 months from now, and the third to be $1.87, occurring 2 years from now. All three dividends are equally risky and thus have the same discount rate. That rate is 8% per year. What is the current value of the stock to you? Round your answer to the nearest penny