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CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $1.9 per share dividend at the end of the year (e., D $1.9). The dividend

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CONSTANT GROWTH VALUATION Tresnan Brothers is expected to pay a $1.9 per share dividend at the end of the year (e., D $1.9). The dividend is expected to grow at a constant rate of 8% a year. The required rate of return on the stock, is, is 18%. What is the stock's current value per share7 Round your answer to two decimal places

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