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XYZ has experienced extraordinary growth of $25\mathrm{.}0\%/$year over the past $4$ years and is

projected to continue to grow at this rate for $3$ more years. Thereafter $($starting in year $4),$

XYZ dividends are projected to sustainably increase its annual dividend by $4\%/$year$.$ The

most recent year$$s dividend actually paid was $$2\mathrm{.}00/$share$.$ You believe a discount rate of

$12\%/$year is appropriate. Using these assumptions and the variable growth model, what is the

current value of this stock?