Computech Corporation is expanding rapidly and currently needs to refain all of its earnings; hence, it does not pay dividends; However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from todoy. The dividend should grow rapidly-at a rate of 50 per per vear-turing Years 4 and 5 , but after Year 5 , growth should be a constant 8% per year. If the required return on Computech is 14%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent