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Consider a stock that is expected to generate a cash flow of $2 in year 1, $3 in year 2, and $4 in year 3.

Consider a stock that is expected to generate a cash flow of $2 in year 1, $3 in year 2, and $4 in year 3. Following that, they expect growth at a rate of 2% forever thereafter. The required rate of return is 10%. What current fundamental valuation would you place on this share of stock?

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