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A stock will pay no dividends for the next 6 years. Then it will pay a dividend of $5 growing at 2%. The discount
A stock will pay no dividends for the next 6 years. Then it will pay a dividend of $5 growing at 2%. The discount rate is 7%. What should be the current stock price? (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
