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Nerus' Catering is growing at a very fast rate. As a result, the company expects to increase its dividend to $ 0 . 4 2

Nerus' Catering is growing at a very fast rate. As a result, the company expects to increase its dividend to $0.42, $1.03, and $1.46 over the next three years, respectively. After that, the dividend is projected to increase by 6.6 percent annually. The last annual dividend the firm paid was $0.31 a share. What is the current value of this stock if the required return is 14.6 percent?
Answer Tolerance: \pm $ 0.055

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