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QUESTION 6 GoSuns Inc paid a dividend yesterday of $0.31 per share. If investors expect the dividend to perpetually grow by 3.3% per year, and

QUESTION 6

  1. GoSuns Inc paid a dividend yesterday of $0.31 per share. If investors expect the dividend to perpetually grow by 3.3% per year, and require a 9.8% return on, what price are investors willing to pay for a GoSuns share? Enter your answer in dollars to 2 decimal places.

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