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Deluxe Company expects to pay a dividend of $4 per share at the end of year-1, $5 per share at the end of year -2

Deluxe Company expects to pay a dividend of $4 per share at the end of year-1, $5 per share at the end of year -2 and then be sold for $30 per share. If the required rate on the stock is 12%, what is the current value of the stock?

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