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19. You observe a REIT which currently pays a dividend per share of $3.00. You expect dividends to grow 3.5% and believe the required return

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19. You observe a REIT which currently pays a dividend per share of $3.00. You expect dividends to grow 3.5% and believe the required return for this stock should be 8.75%. Using the Gordon Growth Model, what should be the price per share

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