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Revolver Brewing Co. is expected to pay a dividend of $2.73 per share at the end of the year. Calculate the value of one share
Revolver Brewing Co. is expected to pay a dividend of $2.73 per share at the end of the year. Calculate the value of one share to an investor who requires a 9.6% rate of return and who assumes that dividends will grow at an annual rate of 3%. Enter the value (stock price) to 2 decimals (xx.xx) do not include a $ sign.
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