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Based on the following information use a two-stage growth model to estimate the XYZ Corporation's stock price. The most recent dividend S 3.50 Investor's required

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Based on the following information use a two-stage growth model to estimate the XYZ Corporation's stock price. The most recent dividend S 3.50 Investor's required rate of return 13.2% Expected dividend growth rate for the next two years. 20% Expected dividend growth rate thereafter 8.7% Round your final answer to the nearest dollar leg. S30} %/

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