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a. Berry Corporation just paid an annual dividend of $1.5 per share on its common stock. The dividends are expected to grow at a constant

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a. Berry Corporation just paid an annual dividend of $1.5 per share on its common stock. The dividends are expected to grow at a constant rate of 3% per year indefinitely. If the market requires a 12% return on Berry Corporation's stock, find the current price per share of Berry Corporation? Show all your calculations. 4 marks b. Metal Ore's common stock now sells for $80 a share and pays an annual dividend that increases 6% per year indefinitely. The required rate of return on Metal Ore is 18%. Find the amount of last dividend paid by Metal Ore. Show all your calculations

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