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A stock is expected to pay dividends of $ 1.5 per share for the foreseeable future. If the appropriate discount rate is 11.11 % then

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A stock is expected to pay dividends of $ 1.5 per share for the foreseeable future. If the appropriate discount rate is 11.11 % then what should be the price of this stock? (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)

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