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Please solve in Excel and show equations (will give thumbs up) A stock just paid a dividend of $2.40. The dividend is expected to grow

Please solve in Excel and show equations (will give thumbs up)

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A stock just paid a dividend of $2.40. The dividend is expected to grow at 24.12% for two years and then grow at 4.71% thereafter. The required return on the stock is 11.83%. What is the value of the stock? answered incorrect 0 Submit Correct Answer: $49.10 Points: 0 Answer format: Currency: Round to: 2 decimal places. More Details Hide Hint Retake Similar to CSD Chapter 7 #18 Attempts Remaining: Infinity The risk-free rate is 2.00% and the market risk premium is 4.35%. A stock with a of 1.31 will have an expected return of %. answered incorrect 0 Submit Correct Answer: 7.70% Points: 0 Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) More Details Retake Hide Hint Attempts Remaining: Infinity

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