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We'Re In Stock Inc. has just paid a $4.1 dividend on each share of its stock. The company managers announced to their investors of their

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We'Re In Stock Inc. has just paid a $4.1 dividend on each share of its stock. The company managers announced to their investors of their plan to continue growing which would allow the company to pay future dividends that will be increasing at a stable 3.2% annual rate. The required rate of return for this company is 11%. Calculate what the stock price should be

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