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Calculate the price of the stock at the end of Year 3. when the firm settles to a constant-growth rate. (Round intermediate calculation to 3

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Calculate the price of the stock at the end of Year 3. when the firm settles to a constant-growth rate. (Round intermediate calculation to 3 decimal places, eg. 3.351 and round final answer to 2 decimal places, eg. 15.20.) Price of stocks What is the current price of the stock? (Round intermediate calculation and final answer to 2 decimal places, e.g. 15.20.) Current price $

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