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Roller Inc. has just paid an annual dividend of $ 0 . 7 9 . Analysts expect dividends to grow by 5 % per year

Roller Inc. has just paid an annual dividend of $0.79. Analysts expect dividends to grow by 5% per year for the next 7 years, and then by 1% per year thereafter. The company has a required return of 12%.
What is the value of the stock now?

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