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PG is about to pay a dividend of $2.3 per share. The required rate of return is 12.69%. What is the current share price of

  1. PG is about to pay a dividend of $2.3 per share. The required rate of return is 12.69%. What is the current share price of PG if dividends are not expected to grow in the future?

    a. $15.82

    b. $20.42

    c. $17.1

    d. $18.12

    e. $10.21

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