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A corporation is expected to pay the following dividends over the next two years: $1.56 and $1.29, respectively, for one year from now and two

A corporation is expected to pay the following dividends over the next two years: $1.56 and $1.29, respectively, for one year from now and two years from now. Afterward, the company pledges to maintain a constant 3 growth rate in dividends forever. What is the current share value if the required rate of return is 9 percent according to the dividend discount model?

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