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ABCjust paid a dividend of D 0 = $2.5.Analysts expect the company's dividend to grow by 33% this year, by 24% in Year 2, and

ABCjust paid a dividend of D0= $2.5.Analysts expect the company's dividend to grow by 33% this year, by 24% in Year 2, and at a constant rate of 6% in Year 3 and thereafter.The required return on this stock is 16%.What is the best estimate of the stocks current market value? round to two decimal places

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