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Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 13 percent. Safeco's recent dividend was $1.70. What is the value of

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Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 13 percent. Safeco's recent dividend was $1.70. What is the value of Safeco stock when the required return is 15 percent? (Round your answer to 2 decimal places.)

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