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Company A has 22,000,000 million shares outstanding. It just paid a dividend of $2.75. It plans to grow its dividends by 3% annually forever. The
Company A has 22,000,000 million shares outstanding. It just paid a dividend of $2.75. It plans to grow its dividends by 3% annually forever. The required rate of return is 10%. Using the dividend growth model what is the total value of equity for Company A?
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