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#37 The risk-free rate is 2.31% and the market risk premium is 9.83%. A stock with a of 1.34 just paid a dividend of $1.38.

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#37 The risk-free rate is 2.31% and the market risk premium is 9.83%. A stock with a of 1.34 just paid a dividend of $1.38. The dividend is expected to grow at 20.36% for three years and then grow at 4.51% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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