Bochm Incorporated is expected to pay a $1.00 per share dividend at the end of this year (i.e., D = $1.00). The dividend is expected to
grow at a constant rate of 6% a year, The required rate of return on the stock, is, is 14%. What is the estimated value per share of
Boehm'
's stock? Do not round intermediate calculations. Round your answer to the nearest cont.