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A stock just paid a dividend of $2.47. The dividend is expected to grow at 24.20% for five years and then grow at 4.46% thereafter.

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A stock just paid a dividend of $2.47. The dividend is expected to grow at 24.20% for five years and then grow at 4.46% thereafter. The required return on the stock is 13.39%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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