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Please show the work. A stock just paid a dividend of $1.16. The dividend is expected to grow at 22.06% for two years and then

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Please show the work.

A stock just paid a dividend of $1.16. The dividend is expected to grow at 22.06% for two years and then grow at 4.82% thereafter. The required return on the stock is 12.48%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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