Compute the current value per share of shara miselle stock

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Shara Miselle Co. just paid a dividend of $1.65 (D0) on its common stock. This company's dividends are expected to grow at a constant rate of 3% indefinitely. if the required rate of return on this stock is 11%, compute the current value per share of Shara Miselle stock.

Reference no: EM13268252

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