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Constant growth: Tarco Pty Ltd is expected to pay a dividend of $2.32 next year. The forecast for the share price a year from now

Constant growth: Tarco Pty Ltd is expected to pay a dividend of $2.32 next year. The forecast for the share price a year from now is $41.50. If the required rate of return is 17.5 per cent, what is the current share price? Assume constant growtH

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