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Golf World has just paid a dividend of $1.10 per share. Dividends are expected to grow at a rate of 6% per year. The required

Golf World has just paid a dividend of $1.10 per share. Dividends are expected to grow at a rate of 6% per year. The required return is 12%.

A) What is the value of a share of Golf World Today?

B) Calculate the share price in 4 years.

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