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A stock just paid a dividend of $1.90. The dividend is expected to grow at 21.92% for five years and then grow at 3.44% thereafter.
A stock just paid a dividend of $1.90. The dividend is expected to grow at 21.92% for five years and then grow at 3.44% thereafter. The required return on the stock is 10.83%. What is the value of the stock?
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