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XYZ , Inc. just paid dividend of $ 1 4 . 7 9 . The dividends are expected to grow at 3 . 6 7

XYZ

,

Inc. just paid dividend of $

14.79 .

The dividends are expected to grow at

3.67 %

each year forever. The required rate of return on the stock is

26.17 %

What is today's price of the stock?

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