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Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 11 percent. Safeco's recent dividend was $1.40 : What is the value

Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 11 percent. Safeco's recent dividend was $1.40 : What is the value of Safeco stock when the required retum is 13 percent? (Round your answer to 2 decimal places.)

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