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Tresnan Brothers is expected to pay a $2.60 per share dividend at the end of the year (1.e., D: - $2.60). The dividend is expected

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Tresnan Brothers is expected to pay a $2.60 per share dividend at the end of the year (1.e., D: - $2.60). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, rs, is 13%. What is the stock's current value per share? Round your answer to the nearest cent

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