MicroPC Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect MicroPC to begin paying dividends, beginning with a dividend of $4.00 coming 3 years from today. The dividend should grow rapidlyat a rate of 60% per yearduring Years 4 through 6; but after Year 6, growth should be a constant 10% per year. If the required return on MicroPC is 18%, what is the value of the stock today?