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Suppose a company has just issued a dividend (D0) of $3. Suppose dividends are expected to grow at a rate of 3.5% per year. If

Suppose a company has just issued a dividend (D0) of $3. Suppose dividends are expected to grow at a rate of 3.5% per year. If the investor's required rate of return is 9%, what is the present value of the 10th dividend (D10)?

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