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Taleville Farms just paid a dividend of $ 3 . 4 4 on its stock. The growth rate in dividends is expected to be a
Taleville Farms just paid a dividend of $ on its stock. The growth rate in dividends is expected to be a constant per year indefinitely. Investors require a return on the stock for the first three years, a return for the next three years, and an return thereafter. What is the current share price? Do not round intermediate calculations. Round the final answer to decimal places. Omit $ sign in your response.
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