WMTA just paid a dividend of $8 per share. Analysts expect its dividend to grow...
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Finance
WMTA just paid a dividend of $8 per share. Analysts expect its dividend to grow at 24% per year for the next three years and then 1% per year thereafter. If the required rate of return on the stock is 8%, what is the current value of the stock? Do not type the $ symbol. Round your answer to the nearest two decimals if needed

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