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#2 The risk-free rate is 1.96% and the market risk premium is 8.77%. A stock with a of 1.29 just paid a dividend of $1.26.

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#2 The risk-free rate is 1.96% and the market risk premium is 8.77%. A stock with a of 1.29 just paid a dividend of $1.26. The dividend is expected to grow at 24.10% for five years and then grow at 3.96% forever. What is the value of the stock? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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