HYPERDIV INC is expected to pay the following large dividends in the next 3 years:
| Year |
Dividend |
| 1 |
$1 |
| 2 |
$2 |
| 3 |
$4 |
After 3 eyars, the dividens will grow at 3.2% per year forever. If investors require a return of 12.8% on this stock, what is the value of the HYPERDIV stock? Write in the value with two decimal points but no dollar sign or comma.