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Lifecycle Motorcycle Company is expected to pay a dividend in year 1 of $1.97, a dividend in year 2 of $3, and a dividend in

Lifecycle Motorcycle Company is expected to pay a dividend in year 1 of $1.97, a dividend in year 2 of $3, and a dividend in year 3 of $3.95. After year 3, dividends are expected to grow at the rate of 5.27% per year. Your required return is 10.9%. Using the multistage DDM, what should be expect the stock to be worth

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