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Question 1 [2] TR Incorporated is expected to pay a dividend (D1) of R3.00 next year with the growth in dividends expected to remain constant

Question 1 [2] TR Incorporated is expected to pay a dividend (D1) of R3.00 next year with the growth in dividends expected to remain constant at 5%. The required rate of return is 10%. Calculate TR's share price today

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