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Company Z is expected to pay a dividend of D 1 = $ 2 . 2 0 per share at the end of the year,

Company Z is expected to pay a dividend of D1= $2.20 per share at the end of the year, and that dividend is expected to grow at a constant rate of 4.00% per year in the future. The company's beta is 1.3, the Market Risk Premium is 6.00%, and the risk-free rate is 3.00%. What is the company's current stock price?

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