The common stock of Winners Corp. has just paid a dividends of $1.00 per share. Dividends are expected to grow at a rate of 100% per year for the first two years and 50% in the third year. After the end of the third year, dividends will grow at a constant rate of 10% indefinitely. how much is the intrinsic value of this common stock today if the required return is 20%. Round your answer to two decimal places.