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b) ABC Pty Ltd is expected to pay the first annual dividend of $0.25 in 3 years to its preference shareholder. If shareholder's required rate

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b) ABC Pty Ltd is expected to pay the first annual dividend of $0.25 in 3 years to its preference shareholder. If shareholder's required rate of return is 15% p.a. calculate the share price today. Round your answer to the nearest cent

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