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The risk-free rate is 2.12% and the market risk premium is 6.94%. A stock with a of 0.95 just paid a dividend of $1.82. The

The risk-free rate is 2.12% and the market risk premium is 6.94%. A stock with a of 0.95 just paid a dividend of $1.82. The dividend is expected to grow at 23.31% for three years and then grow at 4.28% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places.

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