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show work, not excel #37 The risk-free rate is 1.14% and the market risk premium is 5.26%. A stock with a of 1.00 just paid

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#37 The risk-free rate is 1.14% and the market risk premium is 5.26%. A stock with a of 1.00 just paid a dividend of $1.49. The dividend is expected to grow at 24.57% for three years and then grow at 3.96% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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