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A stock will pay dividends of $1, $5, and $10 over the next three years, and then increase dividends at a rate of 6% afterwards.

A stock will pay dividends of $1, $5, and $10 over the next three years, and then increase dividends at a rate of 6% afterwards. Its required rate of return is 14%. What is the value of the stock? Round to the penny.

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