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Clabber Girl (CG) forecasts dividend growth of 10% and 18%% for the next two years before settling to a long term growth rate of 7.10%.

Clabber Girl (CG) forecasts dividend growth of 10% and 18%% for the next two years before settling to a long term growth rate of 7.10%. If the last dividend paid by CG was $9.55, what is the price for one share of CG. Additional information: B = 1.8, Market Risk Premium = 7%, Risk-free rate = 3%.

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