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Given the information in the table, what is TODAYs price of the stock? Todays Dividend $2.52 Discount Rate 6% Growth rate in dividends to 7%

Given the information in the table, what is TODAYs price of the stock?

Todays Dividend

$2.52

Discount Rate

6%

Growth rate in dividends to

7%

Growth rate in dividends to

7%

Growth rate in dividends to

8%

Growth rate in dividends onward

4%

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