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Pasqually Mineral Water, Inc. Will pay a quarterly dividend per share of $1.30 at the end of each of the next 12 quarters. Thereafter, the

Pasqually Mineral Water, Inc. Will pay a quarterly dividend per share of $1.30 at the end of each of the next 12 quarters. Thereafter, the divided will grow at a quarterly rate of 1.0 percent, forever. The appropriate rate of return on the stock is 12 percent, compounded quarterly. What is the current stock price? Use excel to solve

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