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A stock just paid a dividend of $1.41. The dividend is expected to grow at 20.68% for two years and then grow at 3.92% thereafter.

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A stock just paid a dividend of $1.41. The dividend is expected to grow at 20.68% for two years and then grow at 3.92% thereafter. The required return on the stock is 13.88%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places. Attempts Remaining: Infinity The risk-free rate is 1.33% and the market risk premium is 5.82%. A stock with a of 0.82 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)) Attempts Remaining: Infinity

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