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WMTA just paid a dividend of $5 per share. Analysts expect its dividend to grow at 20% per year for the next three years and

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WMTA just paid a dividend of $5 per share. Analysts expect its dividend to grow at 20% per year for the next three years and then 2% per year thereafter. If the required rate of return on the stock is 6%, what is the current value of the stock? Do not type the $ symbol. Round your answer to the nearest two decimals if needed

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