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Question 4 (Common Share Valuation) Common shares of TR Ltd have a constant dividend growth of 4% for the past 5 years, and the dividend

image text in transcribed Question 4 (Common Share Valuation) Common shares of TR Ltd have a constant dividend growth of 4% for the past 5 years, and the dividend is expected to continue growing at the same rate. The most recent dividend payout is $0.25. The required rate of return is 8%. What is the expected value of each TR share using the Gordon's model

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