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Moving to another question will save this response. Q stion 3 Question 3 of 7 5 poi nts Save Answer You ere trvinE to value the stock of XYZ Coro. Total earnines for vear 1 ere forecasted to be 5180 million. You know that the comoanv olens on DavinE out 11k of its earnines in the form of dividends and 27% in the form of share reourchases each veer, and that all of the zrouth in future eerninzs will be throuEh retained earninzs. The comoem/s return on new investment is 15k, ts cost of equity is and it has 148 million shares outstanding. Given this information, estimate the current share price for XYZ Corp. Round your answer to two decimals (do not include the S-symbol in your answer).