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Q-Tel Corporation's dividends in year 1 and 2 are expected to be $2 and $3 respectively. Year 2's stock price is expected to be $25

Q-Tel Corporation's dividends in year 1 and 2 are expected to be $2 and $3 respectively. Year 2's stock price is expected to be $25 per share. If the investor's return is 12%, determine the stock price now.

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