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You own 3200 shares of equity in Stern Property Plc . You will receive a 0.26 per share dividend 1 year. In 2 years, Stern
You own 3200 shares of equity in Stern Property Plc . You will receive a 0.26 per share dividend 1 year. In 2 years, Stern will pay a liquidating dividend of 0.78 per share. The required return on Stern shares is 19%. calculate the current share price of your equity(ignoring taxes)
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