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A stock just paid $4.1 dividend yesterday. The dividend is expected to grow at 3.4% per year thereafter. If the investor's required rate of return

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A stock just paid $4.1 dividend yesterday. The dividend is expected to grow at 3.4% per year thereafter. If the investor's required rate of return on the stock ishin 15.9%, the stock price should be (Round your answer to two decimal places, such as 12.34)

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