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ATC Limited issued a dividend of $8.20 yesterday. It expects dividends to grow at a steady rate of 4.29% per annum for many years going

ATC Limited issued a dividend of $8.20 yesterday. It expects dividends to grow at a steady rate of 4.29% per annum for many years going forward. If the discount rate for these shares is 11.66% per annum, what is the share price for ATC Limited?

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