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Joker stock has a sustainable growth rate of 7 percent, ROE of 16 percent, and dividends per share of $1.50. If the P/E ratio is

Joker stock has a sustainable growth rate of 7 percent, ROE of 16 percent, and dividends per share of $1.50. If the P/E ratio is 19.5, what is the value of a share of stock?

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