Computech Corporatian is expanding rapidly and currently needs to retain all of its eamings; hence, it does not pay dividends, However, investors expect Computech to begin paying dividends, beginning with a dividend of $2.00 coming 3 years from today. The dividend should grow rapidly-at a rate of 16% per year-during Years 4 and 5 , but after Year 5 , growth should be a constant 8% per year. If the required return on Computech is 16%, what is the value of the stock today? Do not round intermediate calculations, Round your answer to the nearest cent