Question: Hello please help with this question! Textbook solution was incorrect Tolo Co. plans the following repurchases: $10 million in one year, nothing in two years,
Hello please help with this question! Textbook solution was incorrect

Tolo Co. plans the following repurchases: $10 million in one year, nothing in two years, and $20 million in three years. After that, it will stop repurchasing and will issue dividends totaling $25 million in four years. The total paid in dividends is expected to increase by 3% per year thereafter. If Tolo has 2 million shares outstanding and an equity cost of capital of 1 196, what is its price per share today
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