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AgribusinessQuest last dividend paid was R2 with a dividend growth rate expecte...

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AgribusinessQuest

last dividend paid was R2 with a dividend growth rate expected to remain at 15%

for two years, then grow at 10% for one year, and finally settle at a constant

growth rate of 5%. The company's shares have a market beta of 2, with a market

risk premium of 3% and a risk-free rate of 5%. What is the company’s current

share price?

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