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Best Buy has just paid a dividend of $4 per share (this dividend is already paid therefore it is not included in the current price).

Best Buy has just paid a dividend of $4 per share (this dividend is already paid therefore it is not included in the current price). The companys dividend is estimated to grow at a rate of 35% in year 1 and 20% in year 2. The dividend is then expected to grow at a constant rate of 9% thereafter. The companys opportunity cost of capital is 12% what is the current value of Best Buy stock?

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