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Question 11 9 pts Nu-Tech firm that just paid a dividend of $2.00 per share is expecting a period of intense growth. As a result,

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Question 11 9 pts Nu-Tech firm that just paid a dividend of $2.00 per share is expecting a period of intense growth. As a result, the firm has decided to increase its annual dividend by 10% a year for the next five years, by 6% a year for another five-year period starting in year 6, and by 4% a year thereafter forever. The required rate of return is 13%. What is the value of this stock today? (Do not round intermediate calculations. Round the final answer, without the dollar symbol ($), to two decimal places)

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