The risk-free rate is 1.75% and the market risk premium is 8.08%. A stock with a of 1.79 just paid a dividend of $2.78 The dividend is expected to grow at 21.23% for three years and then grow at 4.85% forever. What is the value of the stock? Answer Format: Currency: Round to: 2 decimal places.

then grow at 485% tocever What is the value of the stock? Answer Format: Currency: Round to: 2 decimal places