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Suppose In a Found Ltd. just issued a dividend of $2.35 per share on its common stock. The company paid dividends of $1.90, $2.09, $2.16,

Suppose In a Found Ltd. just issued a dividend of $2.35 per share on its common stock. The company paid dividends of $1.90, $2.09, $2.16, and $2.27 per share in the last four years.

If the stock currently sells for $50, what is your best estimate of the company

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