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2) What is the value of one share if the last dividend you received was $0.3 and investors require 20.2% return on these shares? The
2) What is the value of one share if the last dividend you received was $0.3 and investors require 20.2% return on these shares? The future dividends are expected to continue to grow at 4.5% forever. Please round your answer to the nearest one cent but exclude the $ sign when typing your answer (e.g. $12.424 should be answered as 12.42)
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