Twenty years ago, Video Toys began manufacturing and selling coin-operated arcade games. Dividends are currently $2.80 per share, having grown at a 14% percent compound annual rate over the past 10 years. That growth rate is expected to be maintained for the next 2 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 5 percent per year. What is the current value of a share of Video Toys common stock if your required rate of return is 22%?