A stock just paid a dividend of $2.16. The dividend is expected to grow at...

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Accounting

A stock just paid a dividend of $2.16. The dividend is expected to grow at 25.32% for three years and then grow at 4.96% thereafter. The required return on the stock is 14.54%. What is the value of the stock?

A stock just paid a dividend of $2.61. The dividend is expected to grow at 29.95% for five years and then grow at 4.75% thereafter. The required return on the stock is 13.85%. What is the value of the stock?

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