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Assume the following information for ABC shares: - Current Dividend = $8.00 Dividend growth rate for next 4 years = 0% pa Dividend growth rate

Assume the following information for ABC shares: - Current Dividend = $8.00 Dividend growth rate for next 4 years = 0% pa Dividend growth rate from year 4 onwards = 3% pa Required return on ABC shares = 8% pa Calculate the share price for ABC.

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