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C3. Energy Sustainable Pty Ltd has announced a dividend of $2.32 for the next year. Financial analysts have forecasted the share price a year from

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C3. Energy Sustainable Pty Ltd has announced a dividend of $2.32 for the next year. Financial analysts have forecasted the share price a year from now equal to $41.50. Further, the required rate of return is 17.5 per cent. Assuming constant growth, what is the current share price? [ 5 marks

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