Question: You are evaluating a stock that is expected to experience supernormal growth individends of 17 over the next two years. Following the period, didends are

 You are evaluating a stock that is expected to experience supernormal

You are evaluating a stock that is expected to experience supernormal growth individends of 17 over the next two years. Following the period, didends are wpected to grow ata contatta of the stock paid a dividend of $2 last year and the required return on the stock is 13. What is the fair present value of this stock

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