Ten years ago, Video Toys began manufacturing and selling coin$-$operated arcade games. Dividends are currently $$2\mathrm{.}25$ per share, having grown at a $13$ percent compound annual rate over the past $5$ years. That growth rate is expected to be maintained for the next $3$ years, after which dividends are expected to grow at half that rate for $3$ years. Beyond that time, Video Toys$$s dividends are expected to grow at $6$ percent per year. What is the current value of a share of Video Toys common stock if your required rate of return is $18$ percent? Use Table II to answer the question. Do not round intermediate calculations. Round your answer to the nearest cent.