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ZZZ Corporation is issuing Common Stocks that are expected to pay $21 dividend per year and this company is expected to grow at 2% per

ZZZ Corporation is issuing Common Stocks that are expected to pay $21 dividend per year and this company is expected to grow at 2% per year. Concurrently, the expected rate of return on stocks with similar risk is 9 % per year. Based on this data, find the pure price per share of common stock issued by ZZZ Corporation.

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