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Knightmare, Inc., will pay a dividend of $5.45, $9.55, and $12.75 per share for each of the next three years, respectively. The company will then
Knightmare, Inc., will pay a dividend of $5.45, $9.55, and $12.75 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of 9.6 percent on the company's stock. What is the current stock price?
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