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Greene, Inc. stock is selling for $51. It just paid its annual dividend of $5 per share and investors require a 12% return. According to

Greene, Inc. stock is selling for $51. It just paid its annual dividend of $5 per share and investors require a 12% return. According to the Dividend Growth Model, what should be the stock price three years from now if the company could immediately double its growth rate? (to the nearest penny)

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