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Chamberlain Corporation is expected to pay the following dividends over the next four years $12 80, $8.80, $780 and $3.30. Afterward, the company pledges to

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Chamberlain Corporation is expected to pay the following dividends over the next four years $12 80, $8.80, $780 and $3.30. Afterward, the company pledges to maintain a constant 4% growth rate in dividends forever if the required return on the stock is 12%, what is the current share price? (Do not round intermediate calculations, Round the final answer to 2 decimal places. Omit $ sign in your response.) Current share price

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