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The dividend just received for SAILs ordinary shares is $5.80. Growth in this dividend is expected to be 4% next year, then it is expected
The dividend just received for SAILs ordinary shares is $5.80. Growth in this dividend is expected to be 4% next year, then it is expected to be 5% for the following 2 years, after which growth is expected to be 3% indefinitely. If the required rate of return on this firms ordinary shares is 11%, what is the approximate current market value of the share
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