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Globex stock currently sells for $40 per share. It just paid a dividend of $2 per share. The dividend is expected to grow at a

Globex stock currently sells for $40 per share. It just paid a dividend of $2 per share. The dividend is expected to grow at a constant rate of 5% per year. The required rate of return on the stock is 10%. What is the stocks current value per share?

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