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A firm is planning on paying its first dividend of $5 three years from today. After that, dividends are expected to grow at 3% per

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A firm is planning on paying its first dividend of $5 three years from today. After that, dividends are expected to grow at 3% per year indefinitely. The stock's required return is 7%. What is the intrinsic value of a share today? Do not type the \$ symbol. Round your answer to the nearest two decimals if needed

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