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The risk-free rate is 2.25% and the market risk premium is 7.09%. A stock with a of 1.25 just paid a dividend of $1.61. The

The risk-free rate is 2.25% and the market risk premium is 7.09%. A stock with a of 1.25 just paid a dividend of $1.61. The dividend is expected to grow at 21.36% for three years and then grow at 3.56% forever. What is the value of the stock?

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