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Johnson Foods Inc. just paid a dividend of $10 (i.e., D0 = 10.00). Its dividends are expected to grow at a 4% annual rate forever.

Johnson Foods Inc. just paid a dividend of $10 (i.e., D0 = 10.00). Its dividends are expected to grow at a 4% annual rate forever. If you require a 15% rate of return on investments of this risk level, what is Johnson Foods current stock price?

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