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Carry atleast 6 decimal places on interest calculations. Provide step by step explanations or add excel screenshots. Solve through Canadian system A company's common share

image text in transcribedCarry atleast 6 decimal places on interest calculations. Provide step by step explanations or add excel screenshots. Solve through Canadian system

A company's common share paid \$2 per share in dividend last year. The dividend is expected to grow at a constant 3% per year rate forever. If the cost of equity for this company is 14%, what is the value of the common share

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