At the end of the year $2020$ Brown Bear Corporation paid dividends $$2\mathrm{.}97$ per share. The company projects the following annual growth rates in dividends:

Year Growth Rate

$202112\%$

$202212\%$

$202312\%$

$20249\%$

$20259\%$

$20264\%$

From year $2027$ onward growth in dividends is expected to remain constant at $2\%$ per year. The required rate of return for this stock is $9\mathrm{.}94\%.$

Calculate the economic value of the stock now $($end of the Year $2020).$