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Pasqually Mineral Water, Inc., will pay a quarterly dividend per share of $1.65 at the end of each of the next 12 quarters. Thereafter, the

Pasqually Mineral Water, Inc., will pay a quarterly dividend per share of $1.65 at the end of each of the next 12 quarters. Thereafter, the dividend will grow at a quarterly rate of 1.7 percent forever. The appropriate rate of return on the stock is 15 percent, compounded quarterly.

how to calculate the current stock price?

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