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A stock just paid a dividend of $2.60. The dividend is expected to grow at 29.23% for three years and then grow at 4.49%

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A stock just paid a dividend of $2.60. The dividend is expected to grow at 29.23% for three years and then grow at 4.49% thereafter. The required return on the stock is 10.64%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. Show Hint A stock just paid a dividend of $2.74. The dividend is expected to grow at 24.87% for five years and then grow at 3.66% thereafter. The required return on the stock is 10.11%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.

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