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XTX stock is expected to pay $2.00 dividend per share in a year. The market expects that the dividend will grow at 7% annually for
XTX stock is expected to pay $2.00 dividend per share in a year. The market expects that the dividend will grow at 7% annually for the second and third years and then 2% annually forever. Assuming a required return of 8%, how much is the value of the stock in one year?
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