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Question 7 5 pts A company has just paid a dividend of 2.31$. Its discount rate is 11.7%, and the expected perpetual growth rate is

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Question 7 5 pts A company has just paid a dividend of 2.31$. Its discount rate is 11.7%, and the expected perpetual growth rate is 4.8%. What would you expect to be the stock's price TODAY? Express your answer in dollars, rounded to the nearest cent (2 decimals)

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