You own shares of Cullumber DVD Company and are interested in selling them. With so many people downloading music these days, sales, profits, and dividends at Cullumber have been declining $9$ percent per year. The firm just paid a dividend of $$1\mathrm{.}35$ per share. The required rate of return for a stock this risky is $12$ percent. If dividends are expected to decline at $9$ percent per year, what is a share of the stock worth today? $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}20.)$