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A firm is expected to pay dividends at the end of each of the next three years of $2, $2.50, and $3.00. Then, the dividends

A firm is expected to pay dividends at the end of each of the next three years of $2, $2.50, and $3.00. Then, the dividends are expected to grow by 5%. What should the stock price be now if the required return is 12%?

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