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Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $21, $15, $8.8 and$3.4. Afterwards, the company pledges to

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Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $21, $15, $8.8 and$3.4. Afterwards, the company pledges to maintain a constant 3 percent growth rate in dividends forever. If the required return on the stock is 18 percent, what is the current share price?(Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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