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the most recent dividend of P & G was 2.53 per share. you expect dividends to grow at a constant rate of 2.8% per year

the most recent dividend of P & G was 2.53 per share. you expect dividends to grow at a constant rate of 2.8% per year forever - the next dividend will be greater than the most recent one. The required rate of return of P & G investors is 6.1% what is your estimate of price per share according to the dividend discount model?

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