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Given the following information, what is the stock price in period 2? Todays Dividend = $6.31 Expected Growth rate in dividends = 4.26 Discount Rate

Given the following information, what is the stock price in period 2? Todays Dividend = $6.31 Expected Growth rate in dividends = 4.26 Discount Rate (Required return) = 8.01 Calculate your answer to the nearest penny (e.g., 2.51)

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