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A stock just paid a dividend of $2.71. The dividend is expected to grow at 27.21% for two years and then grow at 3.54% thereafter.

A stock just paid a dividend of $2.71. The dividend is expected to grow at 27.21% for two years and then grow at 3.54% thereafter. The required return on the stock is 14.53%. What is the value of the stock?

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