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Far Side Corporation is expected to pay the following dividends over the next four years: $7,...

Far Side Corporation is expected to pay the following dividends over the next four years: $7, $6, $5, and $5. Afterward, the company pledges to maintain a constant 0.03 growth rate in dividends forever. If the required return on the stock is 0.11, what is the current share price? Answer with 2 decimals (e.g. 45.45).

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