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Darnell What about Kraft Heinz. They currently pay an annual dividend of $3.69 and we expect that to grow at a constant rate of 2.3%.

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Darnell What about Kraft Heinz. They currently pay an annual dividend of $3.69 and we expect that to grow at a constant rate of 2.3%. Assuming the market requires a(n) 8.3% return from Kraft Heinz, what is their stock worth? (Answer with 2 decimals.)

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