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Remaining Time: 08:11:45 Consider a stock that will have price of $35.24 one year from now and pay a dividend of $4.99 in one

Remaining Time: 08:11:45 Consider a stock that will have price of $35.24 one year from now and pay a dividend of $4.99 in one year. The expected rate of return is 7.5%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES. Number

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