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Sunland Corp. will pay dividends of $5.00,$6,25,$4.75, and $3.00 in the next four ycars. Thereafter, managernent expects the dividend growth rate to be constant at

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Sunland Corp. will pay dividends of $5.00,$6,25,$4.75, and $3.00 in the next four ycars. Thereafter, managernent expects the dividend growth rate to be constant at 8 percent. If the required rate of return is 18.00 percent, what is the current value of the stock? (Round all intermedlate calculations and final answer to 2 decimal places, eg. 15.20.) Current value $

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