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You are evaluating a stock that is expected to experience supernormal growth in dividends of 12% over the next two years. Following this perio of

You are evaluating a stock that is expected to experience supernormal growth in dividends of 12% over the next two years. Following this perio of 396. The stock paid a dividend of $2 last year and the required return on the stock is 13%. What is the fair present value of this stock?

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