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What is the estimated current price of a share of ABC Company stock based on the Dividend Growth Model? The annual required rate of return

What is the estimated current price of a share of ABC Company stock based on the Dividend Growth Model? The annual required rate of return is 18.4%. ABC just paid their annual dividend of $6.94 a share and the expected growth rate of the dividend is 5.1% per year. Answer to the nearest penny

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