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Dividend paid Rs .1/- in the first year, next year's dividend grow at 5% , and stock will be sold after 1 year at 13.

Dividend paid Rs .1/- in the first year, next year's dividend grow at 5% , and stock will be sold after 1 year at 13. 45, required rate of return is 13.2 %, what is the fair value of stock?

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