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A stock just paid a dividend of $1.81. The dividend is expected to grow at 23.25% for two years and then grow at 3.32% thereafter.

A stock just paid a dividend of $1.81. The dividend is expected to grow at 23.25% for two years and then grow at 3.32% thereafter. The required return on the stock is 14.79%. What is the value of the stock?
round to two decimal

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