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Partzman Co, paid a dividend of $4.05 on its common stock at the end of last year. The company's dividends are expected to grow at

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Partzman Co, paid a dividend of $4.05 on its common stock at the end of last year. The company's dividends are expected to grow at a constant rate of 6% indefinitely, if the required rate of return on this stock is 15%. Compute the current value per share of Partzman.Co stock Submit your answer in dollars and round to two decimal places

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