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Shield Corp. expects an earnings per share of $ 2 . 4 3 and reinvests 2 0 % of its earnings. Management projects a rate

Shield Corp. expects an earnings per share of $2.43 and reinvests 20% of its earnings. Management projects a rate of return of 4% on new projects and investors expect a 5% rate of return on the stock.
What is the price of the stock with growth?
Enter your response below rounded to 2 DECIMAL PLACES.

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