Computech Corporotion is expanding rapldy and currently needs to retain all of its earnings, hence, it does not poy olvidends. However, Investors expect Computech to begin paying dividends, beginning with a oividend of $1.75 coming 3 years from today. The dividend should grow rapldiy - at a rate of 28% per year - during Years 4 and 5, but after Year 5, growth should be a constant 9% per year. If the required return on Camputech is 12%, what is the yalue of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent