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(Non-constant growth)Pettyway Corps next annual dividend (D 1 ) is expected to be $4. After that, the growth rate in dividends over the next three

(Non-constant growth)Pettyway Corps next annual dividend (D1) is expected to be $4. After that, the growth rate in dividends over the next three years is forecasted at 18%. And after that, Pettyways growth rate in dividends is expected to be 1.1%. The required return is 7.1%. Then the value of the stock is $_.

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