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A stock just paid a dividend of $ 1 . 7 4 . The dividend is expected to grow at 2 2 . 4 6

A stock just paid a dividend of $1.74. The dividend is expected to grow at 22.46% for three years and then grow at
3.27% thereafter. The required return on the stock is 14.07%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
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