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Assume that investors require a rate of return of 20% to invest in a firm that pays a dividend of INR 2 per year as

Assume that investors require a rate of return of 20% to invest in a firm that pays a dividend of INR 2 per year as of date. The price of the firm's stock is currently based on the assumption that the firm's dividend will grow annually at 5%. What will be the price of the stock?

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