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C Inc will pay dividends of $5.46 exactly one year from today and $4.65 exactly two years from today. After the second dividend, future dividends

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C Inc will pay dividends of $5.46 exactly one year from today and $4.65 exactly two years from today. After the second dividend, future dividends will grow at a onstant rate of 5% per year indefinitely. Using a discount rate of 14.9%, estimate a fair price for JC's stock. Round your answer to the nearest penny

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