Rogers Robotics currently $(2004)$ does not pay a dividend. However, the company is expected to pay $$1\mathrm{.}00$ dividend two years from today $(2006).$ The dividend is then expected to grow at a rate of $20$ percent a year for the following three years. After the dividend is paid in $2009,$ It is expected to grow forever at a constant rate of $7$ percent. Currently, the risk$-$free rate is $6$ percent, market risk premium $($IM $-$ IRF$)$ is $5$ percent, and the stock's beta is $1\mathrm{.}4.$What should be the price of the stock today?