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Thurston Co. common stock is expected to pay a $1.85 in dividends next year, and the market price is projected to be $42.50 by year

Thurston Co. common stock is expected to pay a $1.85 in dividends next year, and the market price is projected to be $42.50 by year end. If the investors required rate of return is 11%, what is the current value of the stock?

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