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#1 The risk-free rate is 1.18% and the market risk premium is 5.44%. A stock with a B of 1.04 just paid a dividend of

#1 The risk-free rate is 1.18% and the market risk premium is 5.44%. A stock with a B of 1.04 just paid a dividend of $1.65. The dividend is expected to grow at 23.24% for three years and then grow at 3.78% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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