Question: how to solve this step by step A stock just paid a dividend of $1.38. The dividend is expected to grow at 28.55% for two

how to solve this step by step
how to solve this step by step A stock just paid a

A stock just paid a dividend of $1.38. The dividend is expected to grow at 28.55% for two years and then grow at 4.88% thereafter. The required return on the stock is 14.12%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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