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Ado Supplies Ltd, currently doesn't pay any dividends but is expected to start paying dividends in five years. The first dividend in expected to be

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Ado Supplies Ltd, currently doesn't pay any dividends but is expected to start paying dividends in five years. The first dividend in expected to be $1 and is expected to grow at 3% thereafter. The required rate of return for the firm is 10 percent. What is Buffalo's current stock price? the current market price of Buffalo's stock is 512 should you purchase it? Why? O a $976. Should NOT purchase, Buffalo's stock is overpriced Ob $976. Should purchase Buffalo's stock is underpriced OC. $12, Should purchase, Buffalo's stock is fairly priced Od 58.87. Should NOT purchase, Buffalo's stock is overpriced Oe. $8.87 Should purchase, Buffalo's stock is underpriced

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