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You are planning to buy a stock that has just paid a dividend (Do) of $1.9. In addition, growth rates: . Year 1 = 130%

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You are planning to buy a stock that has just paid a dividend (Do) of $1.9. In addition, growth rates: . Year 1 = 130% Year 2 = 65% Year 3 = -17% Year 4 = 0% Year 5 = 11% Years 6 through infinity = 4% Assume a discount rate of 8%. Based on this, what is the value of the stock today calculations to the nearest cent)

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