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1point A stock currently pays no dividends. You expect it to pay its first dividend of $5.69 exactly 10 years from now. You also expect

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1point A stock currently pays no dividends. You expect it to pay its first dividend of $5.69 exactly 10 years from now. You also expect the stock to pay that same dividend every year thereafter. If the stock's required rate of return is 14.4%, what is a fair price for the stock foday? Round your answer to the nearest penny

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