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The risk-free rate is 2.46% and the market risk premium is 9.35%. A stock with a of 1.20 just paid a dividend of $2.27. The
The risk-free rate is 2.46% and the market risk premium is 9.35%. A stock with a of 1.20 just paid a dividend of $2.27. The dividend is expected to grow at 22.95% for three years and then grow at 3.23% forever. What is the value of the stock?
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