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Consider a stock that will have price of $51.8 one year from now and pay a dividend of $3.3 in one year. The expected rate

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Consider a stock that will have price of $51.8 one year from now and pay a dividend of $3.3 in one year. The expected rate of return is 6.6%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES

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