CMW Cola is a large mature firm with total assets of $50 billion, total equity value of $40 billion, and 1 billion shares outstanding. Last year, CMW made $4.2 billion in net income and paid dividends of $3.5 billion. If the expected return on the firm's shares is 6%, what is the firm's value per share according to the steady-state dividend model? Give typing answer with explanation and conclusion

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Q: PROVIDE Answer with calculation

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