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A startup will start paying dividends at the end of year. The initial growth rate is 10%. This growth rate will continue until year 10.

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A startup will start paying dividends at the end of year. The initial growth rate is 10%. This growth rate will continue until year 10. Starting from year 11, the growth rate to discount ateis 20% What should the price be at the end of year 5 if the initial dividend is sio 576.46 SSH.14 3116.29 $85.49 162.90

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