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a . Illawarra Ltd is a fast - growing company and expects to grow at a constant rate of 2 . 6 8 % for

a.Illawarra Ltd is a fast-growing company and expects to grow at a constant rate of 2.68% for the next several years. The company paid a dividend of $0.25 last week. What is the maximum price that you would be willing to pay for this company's shar if your required rate of return was 3.22%?(round the final outcome to 2 decimal places)
b. Shoalhaven Inc. expects its share price a year from now to be $13.80. The company is expected to pay a dividend of $0.3 next year. The required rate of return is 6.5%. Apply the constant growth dividend model to find the current price of this share.(round the final outcome to 2 decimal places)

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