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A stock is expected to pay a dividend of $3.90 one year from now, and the same amount every year thereafter. The stock's required return

A stock is expected to pay a dividend of $3.90 one year from now, and the same amount every year thereafter. The stock's required return (indefinitely) is expected to be 11.7%. The stock's predicted price exactly 5 years from now, P5, should be $_______________.

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