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Deck Corp. just paid a dividend of $ 2 . 0 0 per share. Management has stated that they plan to make annual dividend increases

Deck Corp. just paid a dividend of $2.00 per share. Management has stated that they plan to make annual dividend increases of 5.0% indefinitely. Investors require a rate of return on Deck's stock of 12.0%. What is Deck's current stock price?

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