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You are considering the purchase of XYZ Company's common stock which will pay a $1.00 per share dividend one year from the date of purchase.

You are considering the purchase of XYZ Company's common stock which will pay a $1.00 per share dividend one year from the date of purchase. The dividend is expected to grow at the rate of 4% per year. If the appropriate discount rate for this investment is 14%, what is the price of one share of this stock? Please provide answer via financial calculator BA II Plus if possible.

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