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A stock just paid a dividend of $1.19. The dividend is expected to grow at 29.76% for two years and then grow at 3.90% thereafter.

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A stock just paid a dividend of $1.19. The dividend is expected to grow at 29.76% for two years and then grow at 3.90% thereafter. The required return on the stock is 14.79%. What is the value of the stock? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #2 The risk-free rate is 2.86% and the market risk premium is 5.37%. A stock with a of 0.90 will have an expected return of % unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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