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Darrens Holdings is expected to pay dividends of $1.00 every six months for the next three years. If the current price of Darrens stock is

Darrens Holdings is expected to pay dividends of $1.00 every six months for the next three years. If the current price of Darrens stock is $22.70, and Darrens's equity cost of capital is 18%, what price would you expect Darrens's stock to sell for at the end of three years?

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