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Firm XYZ currently pays a dividend of $9.25 per share. If the dividends are anticipated to grow at a rate of 3.5% per year (indefinitely),

Firm XYZ currently pays a dividend of $9.25 per share. If the dividends are anticipated to grow at a rate of 3.5% per year (indefinitely), What is the price of the stock in 3 years investors require a return of 6.5%?

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