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A firm is expected to pay a dividend of $18.5 next year and $2.00 the following year. Financial analysts believe the stock will be at

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A firm is expected to pay a dividend of $18.5 next year and $2.00 the following year. Financial analysts believe the stock will be at their price target of $165 in two years. Compute the value of this stock at time O with a required return of 11.8 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of stock: $

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