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PLT Company just paid a dividend of $2.00. The dividend is expected to grow by 9% this year, 7% in year two and 6% in

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PLT Company just paid a dividend of $2.00. The dividend is expected to grow by 9% this year, 7% in year two and 6% in year three. Then, beginning in year four, the dividend will begin growing at a constant rate of 4%. With a required return of 14%, what is the stock worth today? $28.89 $24.62 $22.73 $25.14

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