Question: Graded :01:35:58 : Consider a stock that will pay out a dividends over the next 3 years of $1.5, $1.8, and $2.25, respectively. The price

Graded :01:35:58 : Consider a stock that will pay out a dividends over the next 3 years of $1.5, $1.8, and $2.25, respectively. The price of the stock will be $32.2 at time 3. The interest rate is 10.5%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES.

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