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The risk-free rate is 2.16% and the market risk plemum is 8.72%. A stock with a B of 1.46 just paid a dividend of S2.39.

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The risk-free rate is 2.16% and the market risk plemum is 8.72%. A stock with a B of 1.46 just paid a dividend of S2.39. The dividend is expected to grow at 21.80% for five years and then grow at 4 83% forever. What is the value of the stock? Submit Answer format: Currency. Round to 2 decimal places

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