Ranyard's beta is 0.99, and the last dividend per share paid was $3.09. The market risk premium is estimated to be 6.7%, and the real rate of interest is 2.07%. The liquidity risk premium is 0.7%. Analysts expect the company to grow at a rate of 3.43% indefinitely. The risk free rate is 2.56%. What should be Ranyard's current stock price? Round your answer to two decimal places.