New competition in Sophco's market is going to have an impact on the growth in the firm's dividends. A current dividend of $1.00 was paid yesterday by Sophco, and this dividend is expected to increase by 25% in the first year. After that point, the growth in dividends is expected to "decay" to the firm's long-run constant growth of 10%. Such a "decay" process is one in which dividend growth declines by 5 percentage points per year up to the point where the expected constant rate of dividend growth is reached. So, year 2 dividend will be 20 percent higher than year 1. year 3 dividends will be 15 percent higher than year 1, and after year 3, dividends will grow by 10 percent forever. Assume investors in Sophco require a rate of return of 15%. Determine the price of Sophco's stock at the end of year 3 (just after the dividend has been paid)