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World tour Cole has just now paid a dividend of $2.83 per share; it's dividends are expected to grow at a constant rate of 6%

World tour Cole has just now paid a dividend of $2.83 per share; it's dividends are expected to grow at a constant rate of 6% per year forever. If the required rate of return on the stock is 16%, what is the current value of the stock, after paying the dividend

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