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Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate

Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 31 percent for the next three years, with the growth rate falling off to a constant 6.1 percent thereafter.
If the required return is 12 percent and the company just paid a dividend of 2.80, what is the current share price?
Round answer to 2 decimal places

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