The dividend for Should I, Inc., is currently $1.95 per share. It is expected to grow at 24 percent next year and then decline linearly to a 6 percent perpetual rate beginning in four years. If you require a 22 percent return on the stock, what is the most you would pay per share? (Round intermediate calculations to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.)
Pay per share $