Common stock value $-$ Variable growth Lawrence Industries' most recent annual dividend was $$1\mathrm{.}98$ per share $)=($$$1\mathrm{.}98,$ and the firm's required return is $10\%.$ Find the market value of Lawrence's shares when dividends are expected to grow at $15\%$ annually for $3$ years, followed by a $6\%$ constant annual growth rate in years $4$ to infinity.

The market value of Lawrence's shares is $

$($Round to the nearest cent$).$