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Navel County Choppers Inc. is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before

Navel County Choppers Inc. is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the companys stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?

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