Assume Gillette Corporation will pay an annual dividend of $ $0\mathrm{.}65$ one year from now. Analysts expect this dividend to grow at $11\mathrm{.}2\%$ per year thereafter until the fourth year.$$ Thereafter, growth will level off at $2\mathrm{.}1\%$ per year. According to the$$ DDM$,$ what is the value of a share of Gillette stock if the$$ firm's equity cost of capital is $7\mathrm{.}8\%?$