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Astock will pay a dividend of $2.5 exactly one year from now. Future dividends will grow at 18% for the following 2 years and then

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Astock will pay a dividend of $2.5 exactly one year from now. Future dividends will grow at 18% for the following 2 years and then a constant 3% every year thereafter. If the stock's required rate of return is 13.2%, what is a fair price for the stock today? Round your answer to the nearest penny. Trpe your answer.m

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