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Gick to eradditional instruction A fully mature im follows the policy of paying 60 percent of its earnings in dividends and these earrings are expected

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Gick to eradditional instruction A fully mature im follows the policy of paying 60 percent of its earnings in dividends and these earrings are expected to increase at percent forever, in the earnings in the current period are 12 pershare what is the value of this share according to the dividend valuation model assuming a 12 percent cost of equity capital

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