A stock just paid a dividend of $1.23. The dividend is expected to grow at 27.67% for three years and then grow at 3.48% thereafter. The required return on the stock is 14.71%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of $1.20. The dividend is expected to grow at 22.29% for five years and then grow at 3.32% thereafter. The required return on the stock is 11.16%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places