You've collected the following information from your favorite financial website.

According to analysts, the growth rate in dividends for YBM for the next five years is expected to be $20$ percent. Suppose YBM meets

this growth rate in dividends for the next five years and then the dividend growth rate falls to $5\mathrm{.}25$ percent, indefinitely. Assume

investors require a return of $12$ percent on YBM stock. According to the dividend growth model, what should the stock price be today?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Current stock price