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217 A stock just paid a dividend of $1.48. The dividend is expected to grow at 27.29% for three years and then grow at 4.20%

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217 A stock just paid a dividend of $1.48. The dividend is expected to grow at 27.29% for three years and then grow at 4.20% thereafter. The required return on the stock is 11.09%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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