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A new company, Jones Ltd, plans to start paying dividends in 5 years time. This first dividend will be $0.90, and thereafter the dividends will

A new company, Jones Ltd, plans to start paying dividends in 5 years time. This first dividend will be $0.90, and thereafter the dividends will increase by 4% each year indefinitely. If the required return is 14%, what is the price of a share today? Group of answer choices $5.33 $6.43 $5.54 $9.00 $4.67

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