The risk-free rate is 3.36% and the market risk premium is 8.65%. A stock with...

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The risk-free rate is 3.36% and the market risk premium is 8.65%. A stock with a of 1.27 just paid a dividend of $1.08. The dividend is expected to grow at 23.05% for three years and then grow at 3.13% forever. What is the value of the stock?

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