A stock just paid a dividend of $1.95. The dividend is expected to grow at 25.66%...

A stock just paid a dividend of $1.95. The dividend is expected to grow at 25.66% for five years and then grow at 3.74% thereafter. The required return on the stock is 11.13%. What is the value of the stock? Round to 2 decimal places please.

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jeff jeffy answered 1 year ago

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