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2. Problem 9.02 (Constant Growth Valuation) eBook Tresnan Brothers is expected to pay a $2.00 per share dividend at the end of the year (1.0,

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2. Problem 9.02 (Constant Growth Valuation) eBook Tresnan Brothers is expected to pay a $2.00 per share dividend at the end of the year (1.0, = $2.00). The dividend is expected to grow at constant rate of 10% a year. The required rate of return on the stock, 14%. What the stock's current value per share? Round your answer to the nearest cent

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