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QUESTION 16 5 Omni Consumer Products just paid a dividend of 1.66 and anticipates a short term growth rate of 14% for year 1 and

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QUESTION 16 5 Omni Consumer Products just paid a dividend of 1.66 and anticipates a short term growth rate of 14% for year 1 and for year 2 (dividends 1 and 2). Assuming that after year 2. Omni's contract with the City of Detroit will give it a constant growth rate of 4%, what is the fair-value of a share if the required return is 13%? Answer to two decimal places and no $ sign

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