XYZ, Inc. is expected to pay a dividend of $3.23. The dividends are expected to...
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XYZ, Inc. is expected to pay a dividend of $3.23. The dividends are expected to grow at 9.75% each year forever. The required rate of return on the stock is 12.83k. What is today's price of the stock? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box
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