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No Nonsense Peanut Butter maintains a payout ratio of 60%. Its upcoming eps is expected to equal 4. Investors expect 7.5% eps growth into the

No Nonsense Peanut Butter maintains a payout ratio of 60%. Its upcoming eps is expected to equal 4. Investors expect 7.5% eps growth into the future.

The interest rate component of the discount rate is the same as Fabians but investors add another 2% to the risk premium. Using the Gordon Growth Model, what is No-Nonsenses price-per-share?

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