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A stock is expected to pay the following dividends: $1.1 four years from now, $1.6 five years from now, and $2.0 six years from now,

A stock is expected to pay the following dividends: $1.1fouryears from now, $1.6fiveyears from now, and $2.0sixyears from now, followed by growth in the dividend of 5% per year forever after that point.There will be no dividends prior to year 4.The stock's required return is 14%. The stock's current price (Price at year 0) should be $

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