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The last dividend paid by ABC company is 2 TL. The dividend is expected to grow by 5% next year, 4% in the second year

The last dividend paid by ABC company is 2 TL. The dividend is expected to grow by 5% next year, 4% in the second year and 3% in the third year. Then, the dividend will grow steadily by 2%. If the expected return rate of investors (k) is 14%, what is the value of this stock today (P0)? (20 PONT)

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