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Show work not excel #27 The risk-free rate is 2.93% and the market risk premium is 8.37%. A stock with a of 1.29 just paid

Show work not excel

#27 The risk-free rate is 2.93% and the market risk premium is 8.37%. A stock with a of 1.29 just paid a dividend of $2.78. The dividend is expected to grow at 21.47% for three years and then grow at 4.36% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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