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West Side Co. expects the following dividends to be paid over the next 5 years: $10, $8, $8, $6, and $6. Afterward, the company pledges
West Side Co. expects the following dividends to be paid over the next 5 years: $10, $8, $8, $6, and $6. Afterward, the company pledges to maintain a constant growth rate of 2%, forever. If the required rate of return is 7%, calculate the current share price. (Round to 2 decimals)
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