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Deloitte expects has just paid a dividend of $ 4 , 1 7 this year. The growth rate of the dividend is 1 2 .

Deloitte expects has just paid a dividend of $4,17 this year. The growth rate of the dividend is 12.5% for the first 2 years, 10% in year 3, and after that the dividend is expected to grow at a constant growth rate of 4% per year forever, Investors require a return of 11%. What is current market price of Deloitte's stock?
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