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A stock isexpectedto pay a dividend of $1.6 at the end of the year.The required rate of return is rs= 12.5%, and the expected constant

A stock isexpectedto pay a dividend of $1.6 at the end of the year.The required rate of return is rs= 12.5%, and the expected constant growth rate is g = 6.9%.What is the stock's current price?

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