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Clorox's stock paid a dividend of $1.46 this year. You expect a total return of 11% and you know their dividend growth is expected to

Clorox's stock paid a dividend of $1.46 this year. You expect a total return of 11% and you know their dividend growth is expected to be 3% forever. What should the price of Clorox stock be today? Type the price in dollars and round to the nearest cent.

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