#3 #4 A stock just paid a dividend of $2.98. The dividend is expected to grow at 28.90% for three years and then grow at 4.97% thereafter. The required return on the stock is 12.63%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. Show Hint A stock just paid a dividend of $2.85. The dividend is expected to grow at 26.86% for five years and then grow at 3.46% thereafter. The required return on the stock is 10.16%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.