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A company lust paid a dividend of $1.42 and it currenty has a very high gowth rate of 10.9m. Analysts expect this high growth rate

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A company lust paid a dividend of $1.42 and it currenty has a very high gowth rate of 10.9m. Analysts expect this high growth rate to renain at this pace for 3 years. In year 4 , the grawth rate is expected to decay down to the average economic growth rate which is currenty assumed to be 2.46%. If the relevarit required return is 9.18 . then what is the steck's intrinsic value using the miltistake DDM method? Stote your answer as a dollar amount with two dreimal place

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