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The X 3 Company just paid a dividend of $ 2 . 1 0 per share on its stock. The dividends are expected to grow

The X3 Company just paid a dividend of $2.10 per share on its stock. The dividends are expected to grow at a constant rate of 5
percent per year indefinitely. Investors require a return of 14 percent on the company's stock.
a. What is the current stock price?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. What will the stock price be in 3 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
c. What will the stock price be in 9 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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