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1. Osborn Corporation currently does not pay any dividend. Analysts expect that the company will pay its first dividend of $5 per share at the
1. Osborn Corporation currently does not pay any dividend. Analysts expect that the company will pay its first dividend of $5 per share at the end of year 4. After that, the company will continue to pay this dividend at the end of each year for foreseeable future. What is the value of the stock today if the required rate of return is 10%
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