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If ConEd just paid a dividend of $2.8 per share yesterday (instead of next period) and you expect this dividend to grow at 3%. Assume
If ConEd just paid a dividend of $2.8 per share yesterday (instead of next period) and you expect this dividend to grow at 3%. Assume cost of equity is 6.5%. The price of ConEd today is $______ (keep one decimal place)
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