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A company currently pays a dividend of $2 per share, D_0=$2. It is estimated that the companys dividend will grow at a rate of 14%

A company currently pays a dividend of $2 per share, D_0=$2. It is estimated that the companys dividend will grow at a rate of 14% per year for the next 2 years, then the dividend will grow at a constant rate of 7% thereafter. If the rate of return required is 11.7%, what is the stocks current price?

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