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A stock just paid a dividend of S1.54. The dividend is expected to grow at 28.12% for three years and then grow at 4 40%

A stock just paid a dividend of S1.54. The dividend is expected to grow at 28.12% for three years and then grow at 4 40% thereafter. The required return on the stock is 11.21%. What is the value of the stock? Submit Answer format: Currency Round to: 2 decimal places 2:20

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