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A stock just paid a dividend of $2.74. The dividend is expected to grow at 26.14% for three years and then grow at 4.87% thereafter.

A stock just paid a dividend of $2.74. The dividend is expected to grow at 26.14% for three years and then grow at 4.87% thereafter. The required return on the stock is 12.70%. What is the value of the stock?

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