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A stock just paid a 2.82 dividend Its long-term expected growth rate of dividends is 6.42%, and its requifed rate of return is 10.41%. What

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A stock just paid a 2.82 dividend Its long-term expected growth rate of dividends is 6.42%, and its requifed rate of return is 10.41%. What is the value of the stock based on this information? Maintain 2 decimal places in your intermediate calculations and final

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