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Calculate the price of the Wasilla Companys stock today, to the nearest cent, if after one year if will have a dividend of $1.31 and

Calculate the price of the Wasilla Companys stock today, to the nearest cent, if after one year if will have a dividend of $1.31 and then grow at a rate of 10% to a second dividend at t = 2. Thereafter, the growth in dividends slows to 4% per year. Use 7% for a discount rate.

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