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Rudy-G Co.just paid a dividend of $5.65 per share.The dividends are expected to grow at 2%per year, forever.Calculate the price of the stock assuming investors

Rudy-G Co.just paid a dividend of $5.65 per share.The dividends are expected to grow at 2%per year, forever.Calculate the price of the stock assuming investors require an 11% rate of return on their investment.

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