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A common stock has just paid a dividend of $1.82/share. The dividend is expected to stay constant for the next 20 years. After that, the

A common stock has just paid a dividend of $1.82/share. The dividend is expected to stay constant for the next 20 years. After that, the dividends are expected to grow by 3.68% per year in perpetuity. The RRR on the stock is 13.82%. What is the value of the stock today?

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