What is the current value of the stock

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Question: The Brigaphenski Co. has just paid a cash dividend of $2 per share. Investors expected return is 9.99 percent. If the dividends for the next 3 years are $ 2.15 , $ 2.34 , and $ 2.88 , respectively, and the stock is expected to be sold for $ 41.18 in 3 years. What is the current value of the stock?

Reference no: EM131948789

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