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Assume a company QPR has a constant dividend growth rate of 4% per annum for perpetuity. This year the company has given a dividend of

Assume a company QPR has a constant dividend growth rate of 4% per annum for perpetuity. This year the company has given a dividend of Rs 5 per share. Further, the required rate of return for the company is 10% per annum. Then, what should be the purchase price for a share of company QPR?

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