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Teal Corp. has been having trouble. The last dividend was $2.84, andit's projected to fall 5% per year indefinitely. If the required return is 8%,

Teal Corp. has been having trouble. The last dividend was $2.84, andit's projected to fall 5% per year indefinitely. If the required return is 8%, what is TealCorp.'s stockprice?

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