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McCabe Corporation is expected to pay the following dividends over the next four years: $ 1 8 , $ 1 4 , $ 1 3

McCabe Corporation is expected to pay the following dividends over the next four years: $18,$14,$13, and $8.50. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 14 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.
Current share price
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