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Golden Corp, has just now paid a dividend of $2 per share (Do); its dividends are expected to grow at a constant rate of 3%

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Golden Corp, has just now paid a dividend of $2 per share (Do); its dividends are expected to grow at a constant rate of 3% per year forever. If the required rate of return on the stock is 7%, what is the current value of the stock after paying the dividend? Round your answer to the nearest two decimals if needed. Do not type the $ symbol

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