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Sholve Corp. currently offers annual dividends of $2.39, is expected to offer $2.54 per share in dividends over the next year
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Answer #1

Current price=Future dividend and value*Present value of discounting factor(rate%,time period)

=2.54/1.1+2.3/1.1^2+11.92/1.1^2

which is equal to

=14.06(Approx).

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