Jack Hammer invests in a stock that will pay dividends of $$2\mathrm{.}00$ at the end of the first year; $$2\mathrm{.}20$ at the end of the second year; and $$2\mathrm{.}40$ at the end of the third ye Also, he believes that at the end of the third year he will be able to sell the stock $f$ $$33.$ What is the present value of all future benefits if a discount rate of $11$ percer is applied? $($Round all values to two places to the right of the decimal point.$)$