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A stock will pay no dividends for the next 3 years. Then it will pay a dividend of $8 growing at 1%. The discount rate

A stock will pay no dividends for the next 3 years. Then it will pay a dividend of $8 growing at 1%. The discount rate is 12%What should be the current stock 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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