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Firm AAA's earnings and dividends are expected to grow by a rate of 0.03 a year. This growth will stop after year 4. In

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Firm AAA's earnings and dividends are expected to grow by a rate of 0.03 a year. This growth will stop after year 4. In year 5 and later, it will pay out all earnings as dividends. Assume next year's dividend is 5, the cost of capital is 0.08 and next year's EPS is 14. What is AAA's stock price today?

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