Question: Consider a stock that will pay out a dividends over the next 3 years of $ 1 , $ 1 . 7 , and $

Consider a stock that will pay out a dividends over the next 3 years of $1, $1.7, and $2.1, respectively. The price of the stock will be $43.78 at time 3. The interest rate is 14%. What is the current price of the stock?
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