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You estimate that the Medical Masks company is growing rapidly and you expect stock to pay dividends of $1.60,$2.7 2.70, and $4.00 per share at

You estimate that the Medical Masks company is growing rapidly and you expect stock to pay dividends of \$1.60,\$2.7 2.70, and $4.00 per share at the end of each of t next three years (t=1t=2 , and t=3) . At the end of the third year, you expect the sto to be trading (selling) for $ 71.00 per share. Assume you want to buy it today and se it at the end of the third yearIf the appropriate required return for this stock is 11 what should be your estimate of the value (or price) of the stock today? [Enter your answer showing two decimal places. Do not enter a dollar sign or other symbol. For example, enter \$97.79 as 97.79

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