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A start - up company named GoGo Inc. has not paid a dividend since inception and is not planning to pay dividends for the next
A startup company named GoGo Inc. has not paid a dividend since inception and is not planning to pay dividends for the next years. At the following year, GoGo will start paying an annual dividend of $ per share and thereafter it will increase the dividends by per year forever. If the required rate of return on this stock is what is the price of this stock today?
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