Myers has announced earnings per share of $$12\mathrm{.}50.$ There are $100,000$ shares outstanding

and retained earnings have risen by $$775,000.$ Myers anticipates $18\%$ growth for three years,

then it will level off at $6\%$ into perpetuity. The required rate of return is $11\%.$ Using the two

stage Dividend Discount Model $($DDM$)$ is the value of Myers today?