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maurer inc. has and odd dividend policy. The company has just paid dividend of $5 per share and has announced that it will increase the

maurer inc. has and odd dividend policy. The company has just paid dividend of $5 per share and has announced that it will increase the dividend by $4.00 per share for each of the next 5 years and then never pay another dividend. If you require a return of 14 percent of the company's stock. What would you pay for a share today?

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