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Maple Drinks has just announced a dividend of $0.80 for this year and $0.835 for the next year. Dividends are expected to grow at a

Maple Drinks has just announced a dividend of $0.80 for this year and $0.835 for the next year. Dividends are expected to grow at a constant rate indefinitely.

What is the current stock price if the required return is 13.1 percent?

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