George Johnson is preparing a valuation of Logistic Solutions, Inc. George has decided to use a two$-$stage DDM model and the following estimates. The Dividend per share is $$2\mathrm{.}60$ for the current year $($D$0)$ and expected to grow at $15\%$ annually for the first five years, and $8\%$ afterwards, indefinitely. Logistic Solutions$$ estimated beta is $1\mathrm{.}5,$ and George believes that the current market conditions dictate a $3\mathrm{.}0\%$ risk free rate of return and a $7\mathrm{.}0\%$ market risk premium. According to the two$-$stage DDM model, the stock of Logistic Solutions should be worth $\_\_\_\_\_\_\_$ today.