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You are interested in buying a stock. Your required rate of return is 15%. The current dividend (i.e. was just paid or D 0 )

You are interested in buying a stock. Your required rate of return is 15%. The current dividend (i.e. was just paid or D0) is $3.00. The company expects growth to be 13% growth rate for the foreseeable future. The price that an investor would pay for the stock today is _______________________?

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