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Virtual Reality Corp. expects to pay an annual dividend of $1.92 per share next year. The company expects to increase its dividend by 3.4% per

Virtual Reality Corp. expects to pay an annual dividend of $1.92 per share next year. The company expects to increase its dividend by 3.4% per year indefinitely. If investors require a return of 8.70%, what is the expected price of the stock twenty-one years from now?

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