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You expect that Bean Enterprises just paid a dividend per share of $2.3 recently. From now, until year 4 , it will pay grow that

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You expect that Bean Enterprises just paid a dividend per share of $2.3 recently. From now, until year 4 , it will pay grow that dividend by 10% each year. After year 4 , it will continue increasing its dividend at a constant rate of 2.1%. If their equity cost of capital is 11.7%, what should their current stock price be? (at least 2 decimal places)

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