Synovec Corp. 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 $7$ percent per year indefinitely. The required return on this stock is $12$ percent, and

$0\mathrm{.}3$ the stock currently sells for $$70$ per share. What is the projected dividend for the coming points year? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$