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All-star PLC shares have recently paid its annual dividend of 2.20 per share. Analysts believe the firm will maintain its historic dividend growth rate of 4%. If the required return is 9%, what is the expected price of the shares next year? Select one: a. 49.75 b. 45.79 c. 47.59 d. 45.97.

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All-star PLC shares have recently paid its annual dividend of 2.20 per share. Analysts believe the firm will maintain its historic dividend growth rate of 4%. If the required return is 9%, what is the expected price of the shares next year? Select one: a. 49.75 b. 45.79 c. 47.59 d. 45.97

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