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Suppose that Coca - Cola is currently paying a dividend of $ 1 . 4 2 per share, the dividend is expected to grow at

Suppose that Coca-Cola is currently paying a dividend of $1.42 per share, the dividend is expected to grow at a rate of 6% per year, and the rate of return investors require to buy Coca-Cola's stock is 12%. Calculate the price per share for Coca-Cola's stock.
The price per share of Coca-Cola stock is $

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