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Atlas Home Supply has paid a constant annual dividend of $ 2 . 4 0 a share for the past 1 5 years. Yesterday, the
Atlas Home Supply has paid a constant annual dividend of $ a share for the past years. Yesterday, the firm announced the dividend will increase next year by percent and will stay at that level through Year after which time the dividends will increase by percent annually. The required return on this stock is percent. What is the current value per share?
A $
B $
C $
D $
E $
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