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A stock just paid a dividend of $2.11. The dividend is expected to grow at 21.17% for three years and then grow at 4.62% thereafter

image text in transcribed A stock just paid a dividend of $2.11. The dividend is expected to grow at 21.17% for three years and then grow at 4.62% thereafter The required return on the stock is 10.52% What is the value of the stock? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Hore

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