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kL airlines paid an annual dividend of 1.42 a share last month. the company is planning on paying 1.50, 1,75 and 1.80 a share over

kL airlines paid an annual dividend of 1.42 a share last month. the company is planning on paying 1.50, 1,75 and 1.80 a share over the next three years, respectively .after that, the dividend will constant at 2.00 a share per year. what is the market price of this stock if the market rate of return is 10.5 percent.

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