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Andy's Tools Co . is planning on paying $ 1 . 2 0 , $ 1 . 4 4 , $ 1 . 7 2

Andy's Tools Co. is planning on paying $1.20,$1.44,$1.728, and $2.0736 a share over the next four years, respectively. After that dividend will be increased by 5% a year. What is the current value of one share if the required rate of return is 9.25%?
$35.63
$38.19
$41.05
$43.19
$45.8
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