Common stock value$-$Variable growth Lawrence Industries' most recent annual dividend was $$1\mathrm{.}95$ per share

$(D_0=$$$1\mathrm{.}95),$ and the firm's required return is $12\%.$ Find the market value of Lawrence's shares when dividends are

expected to grow at $25\%$ annually for $3$ years, followed by a $4\%$ constant annual growth rate in years $4$ to infinity.

The market value of Lawrence's shares is $

$($Round to the nearest cent.$)$