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

$\backslash$table$[[52-$Week Price,$\backslash$table$[[$Stock $($Div$)],[$Palm Coal $0\mathrm{.}36]],\backslash$table$[[$Div$],[$Yld $\%]],\backslash$table$[[$PE$],[$Ratio$]],\backslash$table$[[$Close$],[$Price$]],\backslash$table$[[$Net$],[$Chg$],[-0\mathrm{.}24]]],[Hi,$Lo$],[77\mathrm{.}40,10\mathrm{.}43,2\mathrm{.}6,,13\mathrm{.}90],[55\mathrm{.}81,33\mathrm{.}42,\backslash$table$[[$Lake Lead Grp$],[154]],3\mathrm{.}8,10,40\mathrm{.}43,-0\mathrm{.}01],[131\mathrm{.}04,70\mathrm{.}05,$SIR $2\mathrm{.}55,2\mathrm{.}9,10,89\mathrm{.}08,3\mathrm{.}07],[50\mathrm{.}24,13\mathrm{.}95,$DR Dime $0\mathrm{.}80,5\mathrm{.}2,6,15\mathrm{.}43,-0\mathrm{.}26],[35\mathrm{.}00,20\mathrm{.}74,\backslash$table$[[$Candy Galore$],[0\mathrm{.}32]],1\mathrm{.}5,28,??,0\mathrm{.}18]]$

According to your research, the growth rate in dividends for SIR for the next five years is expected to be $21$ percent. Suppose SIR meets this growth rate in dividends for the next five years and then the dividend growth rate falls to $5\mathrm{.}75$ percent indefinitely. Assume investors require a return of $14$ percent on SIR stock. $($Hint: the number after the company's name above is DO$.)$

Requirement $1$:

According to the dividend growth model, what should the stock price be today? $($Do not round intermediate calculations. Round your answer to $2$ decimal places $($e$.$g$.,32\mathrm{.}16).)$

Current stock price