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The earnings of LSU tech are expected to be $1 in one year and are expected to grow at a 23% rate for the following

The earnings of LSU tech are expected to be $1 in one year and are expected to grow at a 23% rate for the following 2 years (until year 3). After, earnings will stabilize to a 5% growth in perpetuity. If the interest rate is 7%, calculate the value today of all of LSU's earnings.

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