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Chamberlain Corporation is expected to pay the following dividends over the next four years: $12.70, $8.70, $7.70, and $3.20. Afterward, the company pledges to maintain

Chamberlain Corporation is expected to pay the following dividends over the next four years: $12.70, $8.70, $7.70, and $3.20. Afterward, the company pledges to maintain a constant 5% growth rate in dividends forever. If the required return on the stock is 12%, what is the current share price?

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