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Iguana Incorporated paid a dividend of $1.55 this year. The dividend is then expected to grow by 13% a year for 3 years; it will

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Iguana Incorporated paid a dividend of $1.55 this year. The dividend is then expected to grow by 13% a year for 3 years; it will be 5% per year after that. The required rate of return is 6%. The value of a share of Iguana Incorporated's stock is closest to: Round your answir to the nearest cent

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