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A stock just paid a dividend of $2.62. The dividend is expected to grow at 24.13% for three years and then grow at 3.51% thereafter.

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A stock just paid a dividend of $2.62. The dividend is expected to grow at 24.13% for three years and then grow at 3.51% thereafter. The required return on the stock is 13 85%. What is the value of the stock? Submit Answer format: Currency Round to: 2 decimal places

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