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A stock will pay a dividend of $1.29 at the end of this year. Their stable dividend growth rate is 2.9%. What do you expect
A stock will pay a dividend of $1.29 at the end of this year. Their stable dividend growth rate is 2.9%. What do you expect the value of the stock to be at the end of year 6 if the investor's required return is 8.2%? State your answer as a dollar amount with two decimal places.
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