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CEPS Group just paid an annual dividend of OMR 1.45 per share. Today, the company announced that future dividends will be increasing by 3.25 percent

CEPS Group just paid an annual dividend of OMR 1.45 per share. Today, the company announced that future dividends will be increasing by 3.25 percent annually. If you require a 15 percent rate of return, how much are you willing to pay to purchase one share of this stock today?

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