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RTA is expected to pay a $ 2 . 8 0 dividend per share next period, and analysts expect its future dividends will increase by

RTA is expected to pay a $2.80 dividend per share next period, and analysts expect its future dividends will increase by 3 percent annually. If you require a 13 percent rate of return, how much are you willing to pay to purchase one share of this stock today ?

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