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MSFT will pay a constant dividend of $4 per share, per year, in perpetuity. If all investors pay a 25% tax on dividends, there is

MSFT will pay a constant dividend of $4 per share, per year, in perpetuity. If all investors pay a 25% tax on dividends, there is no capital gains tax, and the cost of capital for investing in MSFT stock is 10%, what is the price for a share of MSFT stock? ((Please round your calculation to TWO decimal places))

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