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Bills Bakery has current earnings per share of $2.18. Current book value is $3.9 per share. The appropriate discount rate for Bills Bakery is 13

Bills Bakery has current earnings per share of $2.18. 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.

Share price?

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