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Company A announced that it would pay the following dividends over the next five years: $ 1 , $ 2 , $ 1 , $

Company A announced that it would pay the following dividends over the next five years: $1, $2, $1, $2, and $3. Afterwards, dividends will decline at a rate of 2% per year indefinitely (growth rate: -2%). What is the firm's current share price if the required rate of return is 12%? Show your steps and keep two decimal points of your answer.

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