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A share will pay a dividend of $2.5 next year and $3.2 two years from now. The dividend will then grow at the rate of

A share will pay a dividend of $2.5 next year and $3.2 two years from now. The dividend will then grow at the rate of 5% forever, If the required rate of return is 8% p.a., what is the value of the share? Select one: a. $96.51 b. $93.97 c. $101.56 X d. $101.08

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