A company is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect the company to begin paying dividends, beginning with a dividend of $2.00 coming 3 years from today. The dividend should grow rapidly-at a rate of 41% per year-during Years 4 and 5; but after Year 5, growth should be a constant 7% per year. If the required return on this company is 18%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations.