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A share of Bauer Bowties Inc. common stock is expected to pay a dividend of $2.05 at the end of this year. If the expected

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A share of Bauer Bowties Inc. common stock is expected to pay a dividend of $2.05 at the end of this year. If the expected long-run growth rate for this stock is 2.85%, and if investors' required rate of return is 11.70% what is the appropriate stock price today (give me the price to the penny)

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