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XYZ, Inc. just paid dividend of $4.64. The dividends are expected to grow at 4.29% each year forever, The required rate of return on the

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XYZ, Inc. just paid dividend of $4.64. The dividends are expected to grow at 4.29% each year forever, The required rate of return on the stock is 24.51%. 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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