A stock just paid a dividend of $2.95. The dividend is expected to grow at 22.91% for two years and then grow at 3.01% thereafter. The required return on the stock is 12.43%. What is the value of the stock?

#1 A stock just paid a dividend of $2.95. The dividend is expected to grow at 22.91% for two years and then grow at 3.01% thereafter. The required return on the stock is 12.43%. What is the value of the stock? unanswered not submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places