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YouToo Inc. is expected to pay a $2.96 per share dividend at the end of this year. The dividend is expected to grow at a

YouToo Inc. is expected to pay a $2.96 per share dividend at the end of this year. The dividend is expected to grow at a constant rate of 4.8% a year. The required rate of return on the stock, rs, is 8.9%. What is the estimated value per share of YouToo's stock? (answer positive number with two decimals and no dollar sign nor period)

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