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The risk-free rate is 3.11% and the market risk premium is 6.25%. A stock with a of 1.74 just paid a dividend of $1.20. The

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The risk-free rate is 3.11% and the market risk premium is 6.25%. A stock with a of 1.74 just paid a dividend of $1.20. The dividend is expected to grow at 23.73% for three years and then grow at 3.23% forever. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places

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