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KAKA Publishings stock is expected to pay a year end dividend of $0.50 per share. The dividend is expected to grow at a constant rate

KAKA Publishings stock is expected to pay a year end dividend of $0.50 per share. The dividend is expected to grow at a constant rate of 9% per year. If the required rate of return of the stock is 12%, what is the expected price of the stock today?

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