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A stock is expected to pay a dividend of $1.00 at the end of the year (i.e4D1$1.00), and it should continue to grow at a

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A stock is expected to pay a dividend of $1.00 at the end of the year (i.e4D1$1.00), and it should continue to grow at a constant rate of 9%. vear. If its required return is 13\%, what is the stock's expected price 4 years from today? Do not round intermediate calculations, Round your answer to the nearest cent

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