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A stock is expected to pay dividends in 15 periods. The first dividend will be $3.25 and subsequent dividends are forecasted to stay constant for

A stock is expected to pay dividends in 15 periods. The first dividend will be $3.25 and subsequent dividends are forecasted to stay constant for the foreseeable future. If the required return on the stock is 15.5%, what is its current value?

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