Navel county choppers inc is experiencing rapid growth what, Financial Management

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Navel county choppers inc is experiencing rapid growth what

Navel County Choppers Inc. is experiencing rapid growth. The company expects dividends to grow at 21 percent per year for the next 11 years before leveling off at 7 percent into perpetuity. The required return on the company's stock is 13 percent. If the dividend per share just paid was $1.79, what is the stock price?

Stock price $

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