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Summer Time Adventures is going to pay an annual dividend of R2,86 a share on it...

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Summer Time Adventures is going to pay an annual dividend of R2,86 a share on its ordinary share next year. This year, the company paid a dividend of R2,75 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this ordinary share be worth five years from now if the rate of return is 11,7%?

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