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The company plans to dissolve in two years. At the present time, dividends at each date are set equal to the cash flow of $

The company plans to dissolve in two years. At the present time, dividends at each date are set equal to the cash flow of $18,000. There are 100 shares outstanding, so the dividend per share is $180. Assume an 8% required rate of return. What is the present value of a share of stock?

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