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A small cosmetic companys most recent annual dividend was $1.80 per share, and the firm required return is 15% per annum. Find the market value

A small cosmetic companys most recent annual dividend was $1.80 per share, and the firm required return is 15% per annum. Find the market value of the companys share when dividends are expected to grow at a constant annual rate of 5% indefinitely.

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