#28 A stock just paid a dividend of $2.95. The dividend is expected to grow at 20.67% for two years and then grow at 4.93% thereafter. The required return on the stock is 11.73%. What is the value of...

A stock just paid a dividend of $2.95. The dividend is expected to grow at 20.67% for two years and then grow at 4.93% thereafter. The required return on the stock is 11.73%. What is the value of the stock?