Microtech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Microtech to begin paying dividends, beginning with a dividend of $4.00 coming 3 years from today. The dividend should grow rapidlyat a rate of 40% per yearduring Years 4 and 5; but after Year 5, growth should be a constant 7.9% per year. If the required return on Microtech is 12.00%, what is the value of the stock today