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A company is expected to pay a dividend of $3.20 and $2.48 over the next two years, respectively. After that, the company is expected to

A company is expected to pay a dividend of $3.20 and $2.48 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 4 percent. What is the stock price today if the required return is 12.4 percent? THE STOCK PRICE IS..

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