City Garden Suppliers paid a $2 dividend yesterday. It is expected that the dividend will grow at 9.5 percent per year for 3 years, 7 percent per year for 12 years, and then at 5.75 percent per year thereafter. If the investors' expected rate of return is 125 percent, what is the stock worth today? Hint: Use the present value formula for a growing annuty rgG[1(1+r1+g)T] (Do not round intermediate calculations. Round your onswer to 2 decimal ploces.)