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1. A stock just paid a dividend of $1.28. The dividend is expected to grow at 20.47% for three years and then grow at 3.34%

1. A stock just paid a dividend of $1.28. The dividend is expected to grow at 20.47% for three years and then grow at 3.34% thereafter. The required return on the stock is 10.32%. What is the value of the stock?

2. A stock just paid a dividend of $2.27. The dividend is expected to grow at 22.36% for five years and then grow at 3.96% thereafter. The required return on the stock is 10.02%. What is the value of the stock?

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