A stock just paid a dividend of $1 50 The dividend is expected to grow at 23 98 for three years and then grow at 3 06 thereafter The required return on the stock is 13 43 What is the value of the stock Submit Answer format Currency Round to 2 decimal places

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A stock just paid a dividend of $1 50  The dividend is expected to grow at 23 98  for three years and then grow at 3 06  thereafter  The required return on the stock is 13 43   What is the value of the stock  Submit Answer format  Currency  Round to  2 decimal places

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A stock just paid a dividend of $1.50. The dividend is expected to grow at 23.98% for three years and then grow at 3.06% thereafter.

A stock just paid a dividend of $1.50. The dividend is expected to grow at 23.98% for three years and then grow at 3.06% thereafter. The required return on the stock is 13.43%. What is the value of the stock?

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Answer format: Currency: Round to: 2 decimal places.

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