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Format 7 A company is expected to pay dividends of $2.10 per share in Year 1 and $2.35 per share in Year 2 and

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Format 7 A company is expected to pay dividends of $2.10 per share in Year 1 and $2.35 per share in Year 2 and $2.60 in Year 3. After that, the dividend is expected to increase by 3% annually in perpetuity. What is the current value of the company's shares at a discount rate of 15% p.a.? Show your workings. Fill in your answer here Help BIU x, x T

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