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Biarritz Corp, is growing quickly. Dividends are expected to grow at a rate of 5.16 percent for the next two years, with the growth rate

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Biarritz Corp, is growing quickly. Dividends are expected to grow at a rate of 5.16 percent for the next two years, with the growth rate falling off to a constant 2.28 percent thereafter. If the required return is 5.74 percent and: the company just paid a dividend of $9.27, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16; include a negative sign if the answer is negative.)

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