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Amalgamated Industrial is growing quickly. Dividends are expected to grow at a 1 0 percent rate for the next 4 years, with the growth rate

Amalgamated Industrial is growing quickly. Dividends are expected to grow at a 10 percent rate for the next 4 years, with the growth rate falling off to a constant 4.25 percent thereafter. If the required return is 11.5 percent and the company just paid a $2.40 dividend. what is the current share price? (Do not round your intermediate calculations.)

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