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Gee-Gee's is going to pay an annual dividend of $2.05 a share on its common stock next year. This year, the company paid a dividend

Gee-Gee's is going to pay an annual dividend of $2.05 a share on its common stock next year. This year, the company paid a dividend of $2 a share. The company adheres to a constant growth rate of dividend policy. What will one share of the stock be worth 6 years from now if investors require a 13.9 percent rate of return? Do not round intermediate calculations and round your answer to 2 decimal places.)

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