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Upper Gullies Corp. just paid a dividend of $ 1 . 9 0 per share. The dividends are expected to grow at 2 2 %

Upper Gullies Corp. just paid a dividend of $1.90 per share. The dividends are expected to grow at 22% for the next eight years and
then level off to a 6% growth rate indefinitely. If the required return is 13%, what is the price of the stock today? (Do not round
intermediate calculations. Round the final answer to 2 decimal places.)
Stock price
$
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