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13. A common stock has just paid a dividend of $2.32/share. The dividend is expected to grow by 16% for the coming 28 years. After

13. A common stock has just paid a dividend of $2.32/share. The dividend is expected to grow by 16% for the coming 28 years. After that, the growth rate in dividend is expected to be 4.28% per year in perpetuity. The RRR on the stock is 12.82%. What is the value of the stock today

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