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Suppose that you estimated d1=0.72, d2=0.76, d3=0.84, and d4=0.88 for a stock. You also estimate that, beginning at year 4, dividends will grow continuously at

Suppose that you estimated d1=0.72, d2=0.76, d3=0.84, and d4=0.88 for a stock. You also estimate that, beginning at year 4, dividends will grow continuously at a rate of 2% per year. If the required return to hold the stock is 14.6%. what is the stocks current price?

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