Carter Communications does not currently pay a dividend. You expect the company to begin paying a $$4\mathrm{.}60$ per share dividend in $8$ years, and you expect dividends to grow perpetually at $6\mathrm{.}1$ percent per year thereafter. If the discount rate is $12$ percent, how much is the stock currently worth?Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.