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Please show the work. A stock just paid a dividend of $2.27. The dividend is expected to grow at 22.82% for five years and then

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Please show the work.

A stock just paid a dividend of $2.27. The dividend is expected to grow at 22.82% for five years and then grow at 3.50% thereafter. The required return on the stock is 13.33%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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