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A stock is expected to pay dividends of $ 1 . 5 4 per share in year 1 and $ 1 . 6 9 per

A stock is expected to pay dividends of $1.54 per share in year 1 and $1.69 per share in year 2. After that, the dividend is expected to increase by 2.7% annually. What is the current value of the stock at a discount rate of 16.2%?
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$12.10
$13.30
$12.52
$14.62
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