Probability of choosing cards from a standard deck of 52

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If I choose four cards from a standard $52$-card deck, with replacement, what is the probability that I will end up with one card from each suit?

Since there are $4$ suits, wouldn't the probability just be $\displaystyle\left({\frac{1}{4}}\right)^4?$ I feel like I'm missing something here, any help? Thanks in advance.

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The probability of four different suits is the probability that the second card is not the same suit as the first and the third card is a different suit than the first two and the fourth card is the last suit: $$\frac{39}{52}\cdot\frac{26}{52}\cdot\frac{13}{52}=\frac{3}{4}\cdot\frac{2}{4}\cdot\frac{1}{4}=\frac{3}{32}$$