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Far Side Corporation is expected to pay the following dividends over the next four years: $ 1 0 , $ 9 , $ 9 ,

Far Side Corporation is expected to pay the following dividends over the next four years: $10, $9, $9, and $4. Afterward, the company pledges to maintain a constant 0.01 growth rate in dividends forever. If the required return on the stock is 0.08, what is the current share price? Answer with 2 decimals (e.g.45.45).

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