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Crane Corp. will pay dividends of $ 5 . 0 0 , $ 6 . 2 5 , $ 4 . 7 5 , and
Crane Corp. will pay dividends of $ $ $ and $ in the next four years. Thereafter, management expects the dividend growth rate to be constant at percent. If the required rate of return is percent, what is the current value of the stock? Round all intermediate calculations and final answer to decimal places, eg
Current value
$
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