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5. A common stock with a RRR of 11.30 % is not expected to pay any dividend for the following six years. Its first dividend

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5. A common stock with a RRR of 11.30 % is not expected to pay any dividend for the following six years. Its first dividend of $1.28/share is expected to be paid in seven years. The dividends are not expected to stay constant in perpetuity. What should the price of this stock be today

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