Ivaco Inc.$\text{'}$s dividends are forecast to increase over the next three years at $12\%$ due to the introduction of their new line of industrial fasteners. The last dividend $($yesterday$)$ was $$2\mathrm{.}00$ per share. After this period of growth, Ivaco's dividends are expected to grow at their long run rate of $10\%.$ Investors have historically required a $15\%$ rate of return on Ivaco's stock. Dividends are paid annually on December $31.$ It is January $1.$ What is the fair price for the stock today?