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5 1 point A stock currently has a dividend of $ 2 . 9 9 taday. The dividend is expected to graw by 1 1

5
1 point
A stock currently has a dividend of $2.99 taday. The dividend is expected to graw by 11.84%6 each year for thenext 2 years, and then 3.718 sonumilr in perpetuity. If the required return is 26,58%, what is the value of the stack today using the differential grous h model? Riaund your answer to the ncarlst cent:
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