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According to analysts, the growth rate in dividends for YBM for the next five years is expected to be $21$ percent. Suppose YBM meets this growth rate in dividends for the next five years and then the dividend growth rate falls to $5\mathrm{.}75$ percent, indefinitely. Assume investors require a return of $15$ percent on YBM stock. According to the dividend growth model, what shoild the stock price be today?

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