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The risk-free rate is 1.61% and the market risk premium is 8.68%. A stock with a of 1.59 just paid a dividend of $2.53. The

The risk-free rate is 1.61% and the market risk premium is 8.68%. A stock with a of 1.59 just paid a dividend of $2.53. The dividend is expected to grow at 21.32% for three years and then grow at 4.52% forever. What is the value of the stock?

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