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The earnings of the company next year is expected to be 91. The company pays out 44% of earnings as dividends and earns 27.1% on

The earnings of the company next year is expected to be 91. The company pays out 44% of earnings as dividends and earns 27.1% on new investment. If the shareholders require a return of 24.3% what is the value of the value of the stock today (to two decimal places)

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