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The number of shares outstanding in sneaks Ltd is 10m, so the price per share is 1. The risk-free rate is 3%, and the average

The number of shares outstanding in sneaks Ltd is 10m, so the price per share is 1. The risk-free rate is 3%, and the average return on the market index is 7%. The firm expects to grow at a rate of 3% each year. Cost of equity = 10%

What is the dividend payment per share?

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