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Growing, Inc

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Growing, Inc. is a firm that is experiencing rapid growth. The firm yesterday paid a dividend of $5.70. You believe that dividends will grow at a rate of 19.0% per year for two years, and then at a rate of 10.0% per year thereafter. You expect the stock will sell for $110.99 in two years. You expect an annual rate of return of 14.0% on this investment. If you plan to hold the stock indefinitely, what is the most you would pay for the stock now?