A stock you are evaluating is expected to experience supernormal growth in dividends of $13$ percent over the next three years. Following this period, dividends are expected to grow at a constant rate of $3$ percent. The stock paid a dividend of $$2\mathrm{.}35$ last year and the required rate of return on the stock is $12$ percent. Calculate the stock's fair present value. $($Do not round intermediate calculations.$)$

$$33\mathrm{.}27$

$$32\mathrm{.}92$

$$24\mathrm{.}25$

$$34\mathrm{.}80$