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The International Company for Import and Export distributes indefinitely quarterly dividends of 2.15 pounds per share, investors expect a rate of return on investment of

The International Company for Import and Export distributes indefinitely quarterly dividends of 2.15 pounds per share, investors expect a rate of return on investment of 8.75% annually, calculate the selling price of this company's shares using both the annual and quarterly data? Find the value of buying 100 shares of this company?

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