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You are considering investing in BrightFuture Inc., a company that is expected to grow rapidly over the next few years. Currently, the company pays a

You are considering investing in BrightFuture Inc., a company that is expected to grow rapidly over the next few years. Currently, the company pays a dividend of $2 per share. This dividend is expected to grow at 20% per year for the next three years. After that, the growth rate is expected to stabilize at 4% per year indefinitely. The required rate of return for BrightFuture Inc. is 12%. What is the current value of BrightFuture Inc.'s stock?

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