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The next year the common stock of Gold Corp. will pay a dividend of $ 6 . 8 9 per share. If the company is

The next year the common stock of Gold Corp. will pay a dividend of $6.89 per share. If the company is growing at a rate of 3.79 percent per year, and your required rate of return is 13.78 percent, what is Gold's company stock worth to you?
Round the answer to two decimal places.

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