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Vilma Inc. is growing quickly. Starting next year in 2023, the dividend growth rate over the next 3 years is expected to be 22% each

Vilma Inc. is growing quickly. Starting next year in 2023, the dividend growth rate over the next 3 years is expected to be 22% each year, and it is expected to slow to a 7% growth rate thereafter. The 2022 dividend is $2.25 and the required rate of return is 12%.


What is the estimated value for the stock in 2022?

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