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Fly High Co. is expected to pay a $1.5 per share divndend at the end of the year (i e D,) The dividend is expected

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Fly High Co. is expected to pay a $1.5 per share divndend at the end of the year (i e D,) The dividend is expected to grow at a constant rate of 2% a year. The required rate of return on the stock 14% What is the value per share of the company's stock? Round your anner to two decimal places

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