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A firm's earnings and dividends are expected to decline at a constant rate of 4% per year. The most recent dividend (Div0) was $4.4 and

A firm's earnings and dividends are expected to decline at a constant rate of 4% per year. The most recent dividend (Div0) was $4.4 and the required return on the stock is 11%. The current price of the stock should be $__________.

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