You are analyzing a stock. The stock's most recent dividend paid was $$2\mathrm{.}9$ per share. You expect the stock dividends to grow at $20\%$ for the next three years $($until t $=3),$ followed by a long$-$term stable growth rate of $2\mathrm{.}3\%$ per year. The required rate of return on the stock is $7\%.$ What is the intrinsic value of the stock?