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Delta PLC has recently paid a dividend of 1.80 . The dividend amount per share has not changed in recent years and is not expected

Delta PLC has recently paid a dividend of 1.80 . The dividend amount per share has not changed in recent years and is not expected to change for the forseeable future. How much would an investor with a 15% required rate of return be willing to pay today for a share in Delta Plc?

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