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Fowler is expected to pay a dividend of $1.91 one year from today and $2.06 two years from today. The company has a dividend payout

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Fowler is expected to pay a dividend of $1.91 one year from today and $2.06 two years from today. The company has a dividend payout ratio of 40 percent and the PE ratio is 19.45 times. If the required return on the company's stock is 12.4 percent, what is the current stock price

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