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XYZ, Inc. is expected to pay a dividend of $4.52. The dividends are expected to grow at 2.16% each year forever. The required rate

XYZ, Inc. is expected to pay a dividend of $4.52. The dividends are expected to grow at 2.16% each year forever. The required rate of return on the stock is 15.3%. What is today's price of the stock? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

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