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7. You are valuing a share of DUC common stock. It is not currently paying dividends, but you think it will pay a dividend of

7. You are valuing a share of DUC common stock. It is not currently paying dividends, but you think it will pay a dividend of $.504 years from today, $.505 years from today, and $.706 years from today. After Year 6, dividends will grow at 2% per year forever. If you want a 15% return, how much will you pay today for a share

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