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The company expects to pay a special one-off dividend in Year 3 of $1.50 per share. The routine dividend payment program is scheduled to start

The company expects to pay a special one-off dividend in Year 3 of $1.50 per share. The routine dividend payment program is scheduled to start in year 5 with a dividend of $1.0 a share with increases of 2.5 percent thereafter. At a required return of 12.5 percent, what is the current share price?

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