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A stock just paid a dividend of $3.98 per share, which is expected to grow at 2.93% per period. The discount rate is 6.86%. What

image text in transcribed A stock just paid a dividend of $3.98 per share, which is expected to grow at 2.93% per period. The discount rate is 6.86%. What should be the current price? (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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