At the end of its most recent reporting period, Everex Inc. paid dividends of $3.22...

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At the end of its most recent reporting period, Everex Inc. paid dividends of $3.22 per share on its common stock. Analysts predict that the company's dividends will grow at a constant rate of 5% indefinitely. if investors require a 9% rate of return on the company's stock, what should the current value per share be? Round two decimals places.
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