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A stock just paid a dividend of $1.94. The dividend is expected to grow at 21.52% for three years and then grow at 4.40%

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A stock just paid a dividend of $1.94. The dividend is expected to grow at 21.52% for three years and then grow at 4.40% thereafter. The required return on the stock is 11.91%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of $2.74. The dividend is expected to grow at 24.87% for five years and then grow at 3.66% thereafter. The required return on the stock is 10.11%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.

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