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A stock just paid a dividend of $2.51. The dividend is expected to grow at 21.78% for five years and then grow at 3.33% thereafter.
A stock just paid a dividend of $2.51. The dividend is expected to grow at 21.78% for five years and then grow at 3.33% thereafter. The required return on the stock is 13.12%. What is the value of the stock?
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