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Due to the current global economic conditions, Zoro Ltd stopped its dividend payments. Dividends of $3.75 are expected to start again in five years and

Due to the current global economic conditions, Zoro Ltd stopped its dividend payments. Dividends of $3.75 are expected to start again in five years and are expected to increase at a rate of 4% per year thereafter. If the required rate of return is 11%, what is the current value of the firms shares?

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