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Moving to another question will save this response. Question of 4 Question 3 1 points Saver You are evaluating a stock that just paid a

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Moving to another question will save this response. Question of 4 Question 3 1 points Saver You are evaluating a stock that just paid a dividend of S4.4. Dividends are expected to grow at a constant rate of 3.9% for long time into the future. The required rate of return on the stock is 11.1%. What is the value of this stock? (round your answer to 2 decimal places, ignore the $ sign in your answer)

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