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BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 2 0 percent for the next three years, with the growth rate

BlueCorp. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth rate falling off to a constant 4.2 percent thereafter. If the required return is 7.54 percent and the company just paid a $3.59 dividend, what is the current share price? Answer to two decimals.

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