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fowler is expected to pay a dividend of $1.77 one year from today and $1.92 two years from today. the company has a dividend payout

fowler is expected to pay a dividend of $1.77 one year from today and $1.92 two years from today. the company has a dividend payout ratio of 30 percent and the PE ratio is 18.75 times. if the required return of the company's stock is 11.7 percent, what is the current stock price?

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