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NDTK Telecom's next dividend is expected to be $4.98 per share. Dividend growth rate has been at 2% and expected to be so into the

NDTK Telecom's next dividend is expected to be $4.98 per share. Dividend growth rate has been at 2% and expected to be so into the future. If investor's return is 9.78 percent, calculate the stock price in year 4. Enter the answer rounded to 2 decimal places without $ sign.

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