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The last dividend of Delta, Inc was $11.54. The growth rate of the dividends is expected to be 5.36% and the required rate of return
The last dividend of Delta, Inc was $11.54. The growth rate of the dividends is expected to be 5.36% and the required rate of return on this stock is 11.88%. What is the stock price according to the grow constant growth dividend model ? round the answer to the nearest decimal places.
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