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The risk-free rate is 2.70% and the market risk premium is 5.75%. A stock with a of 1.32 just paid a dividend of $2.29. The

The risk-free rate is 2.70% and the market risk premium is 5.75%. A stock with a of 1.32 just paid a dividend of $2.29. The dividend is expected to grow at 21.85% for three years and then grow at 3.77% forever. What is the value of the stock?

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