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The next dividend for the Upper Growth Company will be $0.50 per share. Investors require a 14% return on companies such as Upper. Uppers dividend

The next dividend for the Upper Growth Company will be $0.50 per share. Investors require a 14% return on companies such as Upper. Uppers dividend increases by 5% every year. Based on the dividend growth model, what is the value of Uppers shares today?

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