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The Diamond Outlet has current earnings per share of $2.54 and an expected earnings growth rate of 2.84 percent. The required return on the stock

The Diamond Outlet has current earnings per share of $2.54 and an expected earnings growth rate of 2.84 percent. The required return on the stock is 14.04 percent and the current book value per share is $14.91. What is the current market value of this stock? Answer to two decimals.

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