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Universal Laser Inc. just paid a dividend of $3.80 on its stock. The growth rate in dividends is expected to be a constant 4 percent

Universal Laser Inc. just paid a dividend of $3.80 on its stock. The growth rate in dividends is expected to be a constant 4 percent per year, indefinitely. Investors require a 12 percent return on the stock for the first three years, a 10 percent return for the next three years, and then an 8 percent return thereafter.What is the current share price for the stock?

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