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A stock is expected to pay $ 2 . 5 3 per share every year indefinitely. The current price of the stock is $ 3

A stock is expected to pay $2.53 per share every year indefinitely. The current price of the stock is $30.67. The equity cost of capital for the company is 9.38%. What price would an investor be expected to pay per share 7 years into the future?.
NOTE: Enter the number rounding to two decimals. If your answer is $5.6786, your answer must be 5.68.
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