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Company D is expected to pay a $ 3 . 6 8 dividend at the end of the 6 th year. You expect Company D

Company D is expected to pay a $3.68 dividend at the end of the 6th year. You expect Company D's dividend to grow by 2.22% per year forever. Company D's equity cost of capital is 8.80%. What should be the price of the stock today?

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