Agilent Technologies does not currently pay a dividend. However, their earnings have been growing at a very high rate. Thus, they are expected to begin paying a dividend, starting 7 years from today. Expectations are that the first dividend will be $ 4.3 per share. The dividend is then expected to grow at 25 % per year for 6 years, and at the end of that super-normal growth period, the stock will enter a slower growth perpetuity phase of 9 % per year. The required return on Agilent's stock is 16 %. What should be their current stock price

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