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CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $2.7 per share dividend at the end of the year (ie, D1 = $2.7). The

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CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $2.7 per share dividend at the end of the year (ie, D1 = $2.7). The dividend is expected to grow at a constant rate of 896 a year. The required rate of return on the stock, rs, is 14%, what is the stock's current value per share? Round your answer to two decimal places

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