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Given the following information, what is TODAY's stock price? Today's Dividend = $3.45 Expected Growth rate in dividends = 2.93 Discount Rate (Required return) 8.42

Given the following information, what is TODAY's stock price? Today's Dividend = $3.45 Expected Growth rate in dividends = 2.93 Discount Rate (Required return) 8.42 Calculate your answer to the nearest penny (e.g., 2.51)

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