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You are considering investing in a rapidly growning firm. Yesterday, it paid a $3.33 dividend, and you expect its dividends to grow at 16% for

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You are considering investing in a rapidly growning firm. Yesterday, it paid a $3.33 dividend, and you expect its dividends to grow at 16% for the next five years. Beyond that, you estimate dividends will grow at a constant 2.85% per year, and your required return is 15%. What is the most you would be willing to pay for the stock? (Do not round intermediated calculations.) $47.46$47.92$48.85$46.53$44.66

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