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12 The risk-free rate is 1.28% and the market risk premium in 8.78%. A stock with a Pof 140 junt paid a dividend of $1.57.

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12 The risk-free rate is 1.28% and the market risk premium in 8.78%. A stock with a Pof 140 junt paid a dividend of $1.57. The dividend is expected to grow at 20.81% for five years and then grow at 3.92% forever. What is the value of the stock? Submit Alte Answer format: Currency: Round to: 2 decimal places

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