Dr$.$ Lee plans to add Sony, Inc. stock to his investment portfolio. The stock just paid a dividend of $$2\mathrm{.}20.$ He

expects that the dividend will grow at $20\%$ for the next two years and $4\%$ forever after that. Assuming a

discount rate of $12\%,$ Dr$.$ Lee knows that Sony, Inc stock is worth $$\_\_\_\_\_\_.$