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A stock just paid a dividend of $1.21. The dividend is expected to grow at 25.11% for three years and then grow at 4.24% thereafter.

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A stock just paid a dividend of $1.21. The dividend is expected to grow at 25.11% for three years and then grow at 4.24% thereafter. The required return on the stock is 12.92%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of $1.27. The dividend is expected to grow at 25.83% for five years and then grow at 4.77% thereafter. The required return on the stock is 11.62%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places

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