Assume Gillette Corporation will pay an annual dividend of $ 0.64 one year from now. Analysts expect this dividend to grow at 11.3 % per year thereafter until the 5th year.? Thereafter, growth will level off at 2.5 % per year. According to the? dividend-discount model, what is the value of a share of Gillette stock if the? firm's equity cost of capital is 7.8 %?? The value of? Gillette's stock is ?$ _. ?(Round to the nearest? cent.)