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)Hilliard Inc. just paid a $2 annual dividend on its common stock. The dividend is expected to increase 5.4% per year indefinitely. If the required

)Hilliard Inc. just paid a $2 annual dividend on its common stock. The dividend is expected to increase 5.4% per year indefinitely. If the required rate of return is 8.5%, the stocks value $____________ next year.

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