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IvyLeo, Inc. is currently growing much faster than the economy. Expected growth of the company is 25% for the next 2 years; then it is

IvyLeo, Inc. is currently growing much faster than the economy. Expected growth of the company is 25% for the next 2 years; then it is expected to settle down to a constant 6% growth rate thereafter. The dividend last year was $3.00. Investors' required return on stocks of similar risk is 9%. The current value of IvyLeo stock is:

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