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A stock just paid a dividend of $2.58. The dividend is expected to grow at 20.95% for five years and then grow at 4.83% thereafter.

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A stock just paid a dividend of $2.58. The dividend is expected to grow at 20.95% for five years and then grow at 4.83% thereafter. The required return on the stock is 13.20%. What is the value of the stock? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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