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A firm's dividend per share is 1.50 from the past year. The expected growth rate of dividends is 7.5% and its cost of equity

A firm's dividend per share is 1.50 from the past year. The expected growth rate of dividends is 7.5% and its cost of equity capital is 15%. What is the value of the common equity per share using the dividend discount model (i.e. the value of one share of the company)?

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