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A stock just paid a dividend of $ 1 . 5 7 . The dividend is expected to grow at 2 7 . 4 7

A stock just paid a dividend of $1.57. The dividend is expected to grow at 27.47% for three years and then grow at 4.87%
thereafter. The required return on the stock is 12.53%. What is the value of the stock?
Answer format: Currency: Round to: 2 decimal places.
A stock just paid a dividend of $2.09. The dividend is expected to grow at 22.32% for five years and then grow at 3.23%
thereafter. The required return on the stock is 13.72%. What is the value of the stock?
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