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A stock just paid a dividend of $2.48. The dividend is expected to grow at 21.31% for three years
and then grow at 4.58% thereafter. The required return on the stock is 14.69%. What is the value
of the stock? Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend of
$2.50. The dividend is expected to grow at 27.84% for five years and then grow at 4.41%
thereafter. The required return on the stock is 11.41%. What is the value of the stock? Answer
format: Currency: Round to: 2 decimal places.

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