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A company currently pay a dividend $3.6 per share. It is estimated that the company's dividend will grow at a rate of 24% per year

A company currently pay a dividend $3.6 per share. It is estimated that the company's dividend will grow at a rate of 24% per year for the next two years and then at a constant rate of 8% thereafter. The company stock has a beta of 1.4, then the risk free rate is 9%, and the market risk premium is 5.5%. What is your estimate of the stock's current price

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