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A stock just paid a dividend of $2.25. The dividend is expected to grow at 20.55% for three years and then grow at 3.04% thereafter.

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A stock just paid a dividend of $2.25. The dividend is expected to grow at 20.55% for three years and then grow at 3.04% thereafter. The required return on the stock is 12.51%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of $2.25. The dividend is expected to grow at 20.55% for three years and then grow at 3.04% thereafter. The required return on the stock is 12.51%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places

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