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Premier Premier Inc. has an odd dividend policy. The Company has just paid a dividend of $10.25 per share that it will increase the dividend

Premier Premier Inc. has an odd dividend policy. The Company has just paid a dividend of $10.25 per share that it will increase the dividend by $8.25 Per share for each of the next four years and then never pay another dividend. If you require a return of 12% on the company stock, how much will you pay for a share today

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