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SHAMROCK Ltd$.$ had earnings per share of $$5$ as of December $31,2022,$ but paid no dividends. Earnings were expected to grow at $16$

percent per year for the following five years. SHAMROCK Ltd$.$ will start paying dividends for the first time on December $31,2027,$

distributing $50$ percent of its earnings to shareholders. Earnings growth will be $6$ percent per year for the next six years $($that is$,$ from

January $1,2028,$ through to December $31,2033).$ Starting on December $31,2033,$ SHAMROCK Ltd$.$ will begin to pay out $80$ percent of

its earnings in dividends and earnings growth will stabilize at $2$ percent per year in perpetuity.The required rate of return on

SHAMROCK stock is $10$ percent. What should be the current share price of SHAMROCK? $($Round intermediate calculations to $6$ decimal

places, e$.$g$.15\mathrm{.}612125$ and the final answer to $2$ decimal places, e$.$g$.15\mathrm{.}61.)$

Current share price of SHAMROCK