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Adelaide Juice, Inc. is not paying a dividend right now, but it is expected to pay a $5.46 dividend two years from now. Investors expect
Adelaide Juice, Inc. is not paying a dividend right now, but it is expected to pay a $5.46 dividend two years from now. Investors expect that dividend to grow by 2% every year forever. If the required return on the share investment is 12%, what should be the price of a Adelaide Juice share today?
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