What is the current price of a stock

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What is the current price of a stock given the following information;

The stock will pay out dividends over the next 3 years of $1.35, $1.90, and $2.20, respectively. The price of the stock will be $56.71 at time 3. The interest rate is 8.5%.

Stock Price = ?

Reference no: EM132467367

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