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A stock just paid a dividend of $1.35. The dividend is expected to grow at 22.55% for three years and then grow at 3.09% thereafter.

A stock just paid a dividend of $1.35. The dividend is expected to grow at 22.55% for three years and then grow at 3.09% thereafter. The required return on the stock is 12.14%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted

#4 A stock just paid a dividend of $2.08. The dividend is expected to grow at 29.95% for five years and then grow at 4.52% thereafter. The required return on the stock is 11.07%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.

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