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Please show your work. a The risk-free rate is 2.42% and the market risk premium is 5.73%. A stock with a B of 1.78 just

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Please show your work.

a The risk-free rate is 2.42% and the market risk premium is 5.73%. A stock with a B of 1.78 just paid a dividend of $2.39. The dividend is expected to grow at 20.90% for five years and then grow at 4.37% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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