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ebook Tresnan Brothers is expected to pay a $1.70 per share dividend at the end of the year, D, 51.70). The dividend is expected to

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ebook Tresnan Brothers is expected to pay a $1.70 per share dividend at the end of the year, D, 51.70). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, is 11%. What is the stock's current value per share? Round your answer to the nearest cent $

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