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Clue Co. just paid a dividend of $2.05 per share. The dividends are expected to grow at 30% over the next five years, and then

  1. Clue Co. just paid a dividend of $2.05 per share. The dividends are expected to grow at 30% over the next five years, and then the dividends will grow at 2% forever. Calculate the current price per share if investors require a 9% return on their investment. (Round to 2 decimals)

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