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Bills Bakery expects earnings per share of $2.18 next year. Current book value is $3.9 per share. The appropriate discount rate for Bills Bakery is

Bills Bakery expects earnings per share of $2.18 next year. Current book value is $3.9 per share. The appropriate discount rate for Bills Bakery is 13 percent. Calculate the share price for Bills Bakery if earnings grow at 4 percent forever.(Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Answer is not 24.22, 16.77, or 9.99. These are all my previous attempts.

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