A stock just paid a dividend of $2.42. The dividend is expected to grow at 27.36%...
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A stock just paid a dividend of $2.42. The dividend is expected to grow at 27.36% for two years and then grow at 4.07% thereafter. The required return on the stock is 10.92%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of $2.42. The dividend is expected to grow at 27.36% for two years and then grow at 4.07% thereafter. The required return on the stock is 10.92%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.
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