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RTA is expected to pay a $2.62 dividend per share next period, and analysts expect its future dividends will be increasing by 3 percent annually.

RTA is expected to pay a $2.62 dividend per share next period, and analysts expect its future dividends will be increasing by 3 percent annually. If you require a 12 percent rate of return, how much are you willing to pay to purchase one share of this stock today?

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