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Secolo Corporation is experiencing rapid growth. Dividends are expected to grow at 30 percent per year during the next three years. 20 percent over the

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Secolo Corporation is experiencing rapid growth. Dividends are expected to grow at 30 percent per year during the next three years. 20 percent over the following year, then 6 percent per year indefinitely. The required return on this stock is 10 percent and Secolo just paid a dividend of $1.60. What is the current price per share of Secolo Corporation's stock? \{round to nearest whole number)

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