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Over the next three years, Distant Groves will pay annual dividends of $ 1 . 6 5 , $ . 1 7 2 , and
Over the next three years, Distant Groves will pay annual dividends of $ $ and $ a share, respectively. After that, dividends are projected to increase by percent per year. What is one share of this stock worth today at a required return of percent? Do not round intermediate calculations and round your answer to decimal places, eg
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