You feel that Stock X will be able to grow its dividend by 14% per year for the next two years, after which time the growth rate will drop to 4% and then stay at that rate forever. You feel that a discount rate of 7% is fair, given the company's risk. Earlier today, Stock X paid a dividend of $0.58 per share. Accoiding to your expectations, what should be Stock X 's current price? Write your answer out to the nearest penny