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nick sabin recruiting inc paid a $4.10 dividend last year. it's expected to grow at only 5% this year, due to heavy funding needs. After

nick sabin recruiting inc paid a $4.10 dividend last year. it's expected to grow at only 5% this year, due to heavy funding needs. After that growth will increase to 8% per year forever. if owners need to earn 16% what is fair value?

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