[Solved] A stock just paid a dividend of $1.22. Th

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A stock just paid a dividend of $1.22. The dividend is expected to grow at 24.34% for three years and then grow at 5.00% thereafter.

A stock just paid a dividend of $1.22. The dividend is expected to grow at 24.34% for three years and then grow at 5.00% thereafter. The required return on the stock is 13.77%. What is the value of the stock?

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