Question: A stock is expected to pay dividends of $1.45 per share in Year 1 and 51 68 per share in Year 2. After that the

A stock is expected to pay dividends of $1.45 per share in Year 1 and 51 68 per share in Year 2. After that the dividend is expected to increae by 3.5 annually. What is the current value of the stock at a discount rate of 15% in $ dollars)

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