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a The risk-free rate is 2.80% and the market risk premium is 5.52%. A stock with a of 1.64 just paid a dividend of $2.46.

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a The risk-free rate is 2.80% and the market risk premium is 5.52%. A stock with a of 1.64 just paid a dividend of $2.46. The dividend is expected to grow at 24.67% for three years and then grow at 4.89% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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