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McCabe Corporation is expected to pay the following dividends over the next four years: ( $ 5 . 5 0 , $

McCabe Corporation is expected to pay the following dividends over the next four years: \(\$ 5.50,\$ 16.50,\$ 21.50\), and \(\$ 3.30\). Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 8 percent, what is the current share price?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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