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A company just paid a dividend of $1. It plans to grow the dividend by 11% next year, by 9% in two years and 12%

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A company just paid a dividend of $1. It plans to grow the dividend by 11% next year, by 9% in two years and 12% the third year. At the beginning of the fourth year it will grow by 2% forever. If the required rate of return is 7%. What is the value of the stock today

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