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Tips E eBook 4 Tips 5. Tresnan Brothers is expected to pay a $1.40 per share dividend at the end of the year (L, D

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Tips E eBook 4 Tips 5. Tresnan Brothers is expected to pay a $1.40 per share dividend at the end of the year (L, D - $1.40). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, s, is 1796. What is the stock's current value per share? Round your answer to two decimal places. OU 6. $ pols 7

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