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Assume the firms dividend payment this year is $2.46, and that the required rate of return for the firms industry is 9.8%. If the firms

Assume the firms dividend payment this year is $2.46, and that the required rate of return for the firms industry is 9.8%. If the firms dividend will grow at 3.2% per year in perpetuity, what is the current market value per share of the firms stock?

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