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Over the next four years, Kyrie Inc. is expected to pay the following dividends: $ 1 5 , $ 1 1 , $ 9 ,

Over the next four years, Kyrie Inc. is expected to pay the following dividends: $15, $11, $9, and $2.95. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 10.3 percent, what is the current share price?

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