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A Corporation is expected to pay the following dividends over the next four years: $ 6 . 7 0 , $ 1 7 . 7

A Corporation is expected to pay the following dividends over the next four years: $6.70,$17.70,$2270,nd $4.50. Afterward, the company pledges to maintain a constant 5.5 percent growth rate in dividends forever. If the required return on the stock is 9 percent, what is the current share price?
Do not round intermediate calculations
Share price

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