A company just paid a dividend of $$1\mathrm{.}31$ and it currently has a very high growth rate of $11\mathrm{.}4\%.$ Analysts expect this high growth rate to remain at this pace for $3$ years, In year $4,$ the growth rate is expected to decay down to the average economic growth rate which is currently assumed to be $2\mathrm{.}46\%.$ If the relevant required return is $9\mathrm{.}7\%,$ then what is the stock's intrinsic value using the multistage DDM method? State your answer as a dollar amount with two decimal places.