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The risk-free rate is 1.19% and the market risk premium is 6.94%. A stock with a of 1.69 just paid a dividend of $1.19. The

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The risk-free rate is 1.19% and the market risk premium is 6.94%. A stock with a of 1.69 just paid a dividend of $1.19. The dividend is expected to grow at 21.94% for five years and then grow at 3.40% forever. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places

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