$[$Related to Solved Problem $6\mathrm{.}2]$ Suppose that Coca$-$Cola is currently paying a dividend of $$1\mathrm{.}14$ per share, the dividend is expected to grow at a rate of $3\%$ per year,

and the rate of return investors require to buy Coca$-$Cola's stock is $7\%.$ Calculate the price per share for Coca$-$Cola's stock.

The price per share of Coca$-$Cola stock is $$,.($Round your response to two decimal places.$)$