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LCP, a new medical group, just paid (moments before t=0) a dividend of $0.50. These dividends are expected to grow 20% a year for the

LCP, a new medical group, just paid (moments before t=0) a dividend of $0.50. These dividends are expected to grow 20% a year for the next five years (periods 1 through 5), and at 4% per year thereafter. What is the value of the stock if the discount rate is 12%?

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