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A stock is not expected to pay a dividend over the next four years. Five years from now, the company anticipates that it will establish
A stock is not expected to pay a dividend over the next four years. Five years from now, the company anticipates that it will establish a dividend of $ per share ie D $ Once the dividend is established, the market expects that the dividend will grow at a constant rate of percent per year forever. The required rate of return on the companys stock is expected to remain constant, What is the current stock price? please show work
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