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A stock just paid a dividend of $2.00. The dividend is expected to grow at 26.69% for five years and then grow at 4.34% thereafter.

A stock just paid a dividend of $2.00. The dividend is expected to grow at 26.69% for five years and then grow at 4.34% thereafter. The required return on the stock is 14.02%.

A stock just paid a dividend of $2.61. The dividend is expected to grow at 24.30% for three years and then grow at 3.47% thereafter. The required return on the stock is 13.96%.

What is the value of the stocks?-- Rounded to 2 decimal places.

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