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Schnusenberg Corporation just paid a dividend of D 0 = $ 0 . 9 0 per share, and that dividend is expected to grow at

Schnusenberg Corporation just paid a dividend of D0= $0.90 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.30, the required return on the market is 10.50%, and the risk-free rate is 4.50%. Use the dividend growth model,what is the company's current stock price?

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