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Show work not excel #30 A stock just paid a dividend of $1.63. The dividend is expected to grow at 29.02% for three years and

Show work not excel

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#30 A stock just paid a dividend of $1.63. The dividend is expected to grow at 29.02% for three years and then grow at 3.91% thereafter. The required return on the stock is 10.83%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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