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What is the current stock price according to the constant

The March Madness Company just paid an annual dividend of $2.87. If you expect a constant growth rate of 3.95 percent, and have a required rate of return of 13.20 percent, what is the current stock price according to the constant growth dividend model?

Round the answer to two decimal places.

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Finance Basics: What is the current stock price according to the constant

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