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A stock just paid a dividend of $3.00. Dividends are forecasted to grow at a rate of 6% for the next 14 periods. You forecast

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A stock just paid a dividend of $3.00. Dividends are forecasted to grow at a rate of 6% for the next 14 periods. You forecast that at time 14 you will sell the stock for $107.00. What is the current value of the stock, given that the required return for this stock is 12.1%

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