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bjorn company just paid annual dividend of 2.50 per share. the required rate of return in 12 percent and dividends are projected to grow at

bjorn company just paid annual dividend of 2.50 per share. the required rate of return in 12 percent and dividends are projected to grow at a constant rate of 5 percent indefinitely. what will the stock price be in 15 years ( do not round intermediate calculations and round your answer to 2 decimal places)

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