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Q8: ALG Company expected that dividend next year will be 3.40 $, and after paying the E dividend the stock will sell for 50 $.

Q8: ALG Company expected that dividend next year will be 3.40 $, and after paying the E dividend the stock will sell for 50 $. Froth's current stock price is 40 $ per share shareholders expect next year's price will be 47.20 $ and capital gains are taxed at 20%, what is ALG Current price pue Assume that dividend are taxed

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