What is the current share price

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A company announced it will pay a $2.25 dividend per share next year. If the dividend yield is 4.5%, what is the current share price?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.

Reference no: EM132683951

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