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Shiller corporation will pay a $2.75 per share divident next year.The Company pledges to increase its dividend by 5 percent per year, indefinitly.If you require

Shiller corporation will pay a $2.75 per share divident next year.The Company pledges to increase its dividend by 5 percent per year, indefinitly.If you require a return of 11 percent on your investment, how much will you pay for the company's stock today?

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