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ABC Inc. is expected to pay a dividend of $0.95 at the end of the year (year 1). The stock has a beta of 1.09.

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ABC Inc. is expected to pay a dividend of $0.95 at the end of the year (year 1). The stock has a beta of 1.09. The risk-free rate is 2.9%. The market risk premium is 9.0%. The stock's dividends are expected to grow at a constant rate. The stock price today is $34.36. If the market is in equilibrium what does the market believe the stock price will be in 4 years. Your answer should be accurate to two decimal places

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