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A stock jat paid a dividend of $1.11. The divdend is expected to grow at 20.30% for five years and then grow at 4.97% thereafter.

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A stock jat paid a dividend of $1.11. The divdend is expected to grow at 20.30% for five years and then grow at 4.97% thereafter. The required retum on the stock is 1403%. What is tte value of the stock? Antwer Fermut Curmery. Alound toc 2 decimal places

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