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Rook Industries paid a $1.00 dividend 8 years ago. Today, it paid a $2.00 dividend. If the market required rate of return on Bishop common

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Rook Industries paid a $1.00 dividend 8 years ago. Today, it paid a $2.00 dividend. If the market required rate of return on Bishop common stock is 15%, what is the current market value of a share of Bishop? Round your growth rate to the nearest full percent. Round final answer to the nearest cent. That is two decimal places. Do NOT use a dollar sign. Your

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