Question: Beta Co. will pay $6.1 a share next year. Its dividends will grow at 5.6% until Year 3, and after the third year, dividends will

Beta Co. will pay $6.1 a share next year. Its dividends will grow at 5.6% until Year 3, and after the third year, dividends will grow at 2.5% forever. What is this stock worth today at a discount rate of 10.1 percent?

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