Assume Gillette Corporation will pay an annual dividend of $0.64 one year from now. Analysts expect this dividend to grow at 12.9% per year thereafter until the 4th year. Thereafter growth will level off at 1.9% per year. According to the dividend-discount model what is the value of a share of Galette stock if the firm's equity cost of capital is 76%? The value of Gillette's stock is $ (Round to the nearest cent)