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Williams Inc. PAID a $ 3 . 3 dividend YESTERDAY and that dividend is expected to grow at 3 . 1 % every year thereafter

Williams Inc. PAID a $3.3 dividend YESTERDAY and that dividend is expected to grow at 3.1% every year thereafter (indefinitely, i.e. forever). If the discount rate is 9.8%, what would be the present value of the expected dividend stream (aka the expected price of the firm's stock)? Answer to 2 decimal places.

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