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The risk free rate is 1.02% and the market risk premium is 6.97% A stock with a of 1.15 just paid a dividend of $1.78.

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The risk free rate is 1.02% and the market risk premium is 6.97% A stock with a of 1.15 just paid a dividend of $1.78. The dividend is expected to grow at 21.79% for five years and then grow at 3.07% forever. What is the value of the stock? Answer format: Currency Round to 2 decimal places

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