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Q1: Next year, Exxon Mobil will pay a dividend of $3.55 per share. Historically, Exxon...

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Finance

Q1: Next year, Exxon Mobil will pay a dividend of $3.55 per share. Historically, Exxon Mobil's dividends have grown 5% per year. If the expected return for Exxon Mobil is 7%, what is a fair value for a share of Exxon Mobil?

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