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Dune Days common stock just paid a dividend of $3.00 (Do = $3.00). Dune Days' expected perpetual growth rate is 2 percent. If the required

Dune Days common stock just paid a dividend of $3.00 (Do = $3.00). Dune Days' expected perpetual growth rate is 2 percent. If the required rate of return on Dune Days' stock is 15 percent, then what is the price of Dune Days' stock?

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