Common stock value$-$Variable growth Lawrence Industries' most recent annual dividend was $$2\mathrm{.}32$ per share

$(D_0=$$$2\mathrm{.}32),$ and the firm's required return is $16\%.$ Find the market value of Lawrence's shares when dividends are

expected to grow at $15\%$ annually for $3$ years, followed by a $5\%$ constant annual growth rate in years $4$ to infinity.

The market value of Lawrence's shares is $$.($Round to the nearest cent.$)$