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By discounting the estimated future cash flow of stocks, their value can be estimated. The company Cryco Inc. plans to pay a dividend at the

By discounting the estimated future cash flow of stocks, their value can be estimated. The company Cryco Inc. plans to pay a dividend at the end of each quarter for the next 12 quarters in the amount of 1 per share each time. After that, it is assumed that the dividend will grow by the factor g = 0.65% quarterly until eternity. The appropriate annual rate of return is considered to be 10%, which is calculated quarterly based on the interest rate (compounded quarterly). What will be the present value of each share in Cryco Inc. based on these criteria?

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