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eBook 0 Joon Key Tresnan Brothers is expected to pay a $1.50 per share dividend at the end of the year (i.e., D = $1.50).

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eBook 0 Joon Key Tresnan Brothers is expected to pay a $1.50 per share dividend at the end of the year (i.e., D = $1.50). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, rs, is 19%. What is the stock's current value per share? Round your answer to the nearest cent. Check My Work Problem 9.02 (Constant Growth Valuation) Check My Work Question 2 of 24

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