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(10 pts) College Park Sports has just paid a dividend of $10/share and has announced that it will increase the dividend by $4/share for the
(10 pts) College Park Sports has just paid a dividend of $10/share and has announced that it will increase the dividend by $4/share for the next 3 years and then will increase the dividend by 6% in perpetuity. The firm's required return is 12%.How much is a share worth today?
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