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A limited life company that plans to operate a 30-year project is expected to pay what's described as liquidating dividends (pay same amount of dollars

A limited life company that plans to operate a 30-year project is expected to pay what's described as liquidating dividends (pay same amount of dollars each year for 30 years before it seizes to exist). The annual dividend is estimated at $12.50/share. If the required rate of return on this company is 15%, how much would a prospective investor be willing to pay for each share of this company?

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