Orkazana Corporation is experiencing rapid growth. Dividends are expected to grow at

$26$ percent per year during the next three years, $16$ percent over the following year, and

then $4$ percent per year indefinitely. The required return on this stock is $10$ percent, and

the stock currently sells for $$64$ per share. What is the projected dividend for the coming

year? $($Do not round intermediate calculations and round your answer to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$

Projected dividend