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A stock just paid a dividend of $1.30. The dividend is expected to grow at 27.03% for two years and then grow at 4.13% thereafter.

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A stock just paid a dividend of $1.30. The dividend is expected to grow at 27.03% for two years and then grow at 4.13% thereafter. The required return on the stock is 13.59%. What is the value of the stock? Answer format: Currency: Round to. 2 decimal places. The risk-free rate is 1.37% and the market risk premium is 4.77%. A stock with a of 1.40 will have an expected return of % 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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