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Bryson Industries paid $ 2.91per share in dividends yesterday. Its dividends are expected to grow steadily at 6 % per year. If the required return

Bryson Industries paid $ 2.91per share in dividends yesterday. Its dividends are expected to grow steadily at 6 % per year. If the required return is 8.4 %, what is the current price (P0)?If the required return is 8.4 %, the current price of the stock is? round to nearest cent.

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