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Ahmed is an investor he wants to invest in a stock of ACPL. The company stock is traded in stock exchange for 12$ per share.

Ahmed is an investor he wants to invest in a stock of ACPL. The company stock is traded in stock exchange for 12$ per share. it pays dividends of 2$ yearly. the stock is expected to grow up to 15$ while discount rate is 10%. what is stock fair value

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