Computech Corporation is expanding rapidly and currently needs to retain all of its carnings; hence, it does not pay dividends. However, investors expect Computech to begin paving dividends, beginning with a dividend of $2.00 coming 3 years from today. The dividend should grow rapidly - at a rate of 32% per year- during Years 4 and 5 , but after Year 5 , growth should be a constant 7% per year. If the required return on Computech is 12%, what is the value of the stock today? Do not round intermediate calculations, Round your answer to the nearest cent