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Estimating Company Value Using DDM with Constant Perpetuity Assume that a company's dividends per share are projected to remain at $1.00 each year, and that

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Estimating Company Value Using DDM with Constant Perpetuity Assume that a company's dividends per share are projected to remain at $1.00 each year, and that its cost of equity capital is 5%. Estimate the company's per share stock price. Round your answer to the nearest dollar. $

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