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You are thinking about buying a stock and holding it for 3 years. You expect that the stock will pay a dividend of $ 1

You are thinking about buying a stock and holding it for 3 years. You expect that the stock will pay a dividend of $1.62 in 1 year, $3.89 in two years, and $4.60 in three years. You expect to sell for $85.41 in 3 years. If the required return is 13.91%, what is the value of the stock.

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