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Consider a stock that will have price of $49.61 one year from now and pay a dividend of $2.1 in one year. The expected rate

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Consider a stock that will have price of $49.61 one year from now and pay a dividend of $2.1 in one year. The expected rate of return is 11.7%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES. Number

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