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A stock is expected to pay a dividend of $3.4 at the end of this year (this is Div1), and it should continue to grow

A stock is expected to pay a dividend of $3.4 at the end of this year (this is Div1), and it should continue to grow at a constant rate of 5.5% per year forever. If its required return is 12.7%, the stock's price today should be $______________. Margin of error for correct responses: +/- .05

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