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Please provide complete solutions for these problems with formula used to solve and steps involved. A company has paid a dividend of $12 this year,
Please provide complete solutions for these problems with formula used to solve and steps involved. A company has paid a dividend of $12 this year, the share holders expect the company to grow at 4.5% per year in the foreseeable future. If the expected rate of return is 5% then what should be the share price per share?
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