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A company pays $2 a share dividend every other year. The last dividend was paid last year. Five years from now, the company is repurchasing

A company pays $2 a share dividend every other year. The last dividend was paid last year. Five years from now, the company is repurchasing all of the outstanding shares at a price of $50 a share. At an 8% rate of return, what is this share worth today?

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