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XYZs paid its ordinary shareholders a $1.14 dividend last year. The company expects a steady growth rate of 4% p.a. into the indefinite future. If

XYZs paid its ordinary shareholders a $1.14 dividend last year. The company expects a steady growth rate of 4% p.a. into the indefinite future. If XYZs shareholders expect an 14% p.a rate of return on their investment, what is the market price of XYZs shares

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