Baylor Stock's next annual EPS $($EPS$1)$ will be $$2\mathrm{.}07,$ new projects have expected return of $12\%,$ and investors require a rate of return is $12\mathrm{.}3\%.$ If Baylor's retention rate is $0\mathrm{.}2.$ what is the present value of the firm's growth opportunities? Round your answer to the nearest penny.