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(Non-constant dividends) The stock of Hodges Inc. is forecasted to pay dividends in the next three years as follows: D1=$1.4, D2=$2.8, D3=$5.1. The stock price

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(Non-constant dividends) The stock of Hodges Inc. is forecasted to pay dividends in the next three years as follows: D1=$1.4, D2=$2.8, D3=$5.1. The stock price of the company is estimated to be $79.1 at the end of three years. The rate of return for similar-risk common stock is 7%. Then the value of Hodges common stock is $ (Please keep two decimal numbers in the answer.)

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