MH Ltd$.$ just paid an annual dividend of $$1\mathrm{.}27$ a share. The projected dividends for the next five years are $$1\mathrm{.}10,$ $$1\mathrm{.}15,$ $$1\mathrm{.}25,$ $$1\mathrm{.}30$ and $1\mathrm{.}45,$ respectively. After that time, the dividends will be held constant at $$1\mathrm{.}50$ per share. What is this stock worth today at a $12\mathrm{.}5$ percent discount rate?