Question: 5 points Help Save & Exit Submit Diane's Designs Inc. is expected to pay the following dividends over the next four years $13.50, $9.50,

5 points Help Save & Exit Submit Diane's Designs Inc. is expected

5 points Help Save & Exit Submit Diane's Designs Inc. is expected to pay the following dividends over the next four years $13.50, $9.50, $8.50, and $4.00. Afterward, the company pledges to maintain a constant 5% growth rate in dividends forever. If the required return on the stock is 12%, what is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit 5 sign in your response.) Current share price

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