Question: answer please 1 1 point 3 A stock will pay a dividend of $3.0 exactly one year from now. You expect dividends to grow at

answer please

1 1 point 3 A stock will pay a dividend of $3.0 exactly one year from now. You expect dividends to grow at 14% for the following 2 years and then a constant 2.6% every year thereafter. If the stock's required rate of return is 8.6%, what is a fair price for the stock today? Round your answer to the nearest penny Type your

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