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After that, its dividends are expected to grow at 4.2% per year forever (so that year 4 's dividend will be 4.2% more than $1.34

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After that, its dividends are expected to grow at 4.2% per year forever (so that year 4 's dividend will be 4.2% more than $1.34 and s0 on). If C 's equity cost of capital is 11.8%, what is the current price of its stock? The price of the stock will be 5 (Round to the nearest cent.)

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