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The Glass Ceiling paid an annual dividend of $1.84 per share last year on its common stock and just announced that future dividends will increase
The Glass Ceiling paid an annual dividend of $1.84 per share last year on its common stock and just announced that future dividends will increase by 1.42 percent annually. What is the current price of Glass Ceiling? Assume the required rate of return on the common stock of Glass Ceiling is 22%.
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