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The risk-free rate is 1.01% and the market risk premium is 6.47%. A stock with a of 1.54 just paid a dividend of $2.97. The

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The risk-free rate is 1.01% and the market risk premium is 6.47%. A stock with a of 1.54 just paid a dividend of $2.97. The dividend is expected to grow at 21.92% for five years and then grow at 3.60% forever. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places. Attempts Remaining: Infinity

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