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Use the information to solve the current share price. Scheduled dividends: $ 5 . 2 0 , $ 1 6 . 2 0 , $

Use the information to solve the current share price.
Scheduled dividends: $5.20,$16.20,$21.20, and $3.00. After that, they will pay a constant dividend growth rate of: 5.5%.
The required return on the stock: 9%
What is the current price?
(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,12.34.)
Share price
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