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#3 A stock just paid a dividend of $2.30. The dividend is expected to grow at 23.64% for three years and then grow at 3.90%

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#3 A stock just paid a dividend of $2.30. The dividend is expected to grow at 23.64% for three years and then grow at 3.90% thereafter. The required return on the stock is 12.33%. What is the value of the stock? unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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