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Aperture Sciences was founded 10 years ago. It has been profitable for the last 5 years, but it has never paid a dividend. It plans

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Aperture Sciences was founded 10 years ago. It has been profitable for the last 5 years, but it has never paid a dividend. It plans to pay a $0.25 dividend 3 years from today, then to increase it at a relatively rapid rate for 2 years, and then to increase it at a constant rate of 8% thereafter. Assuming a required return of 10.00%, estimate the stock's current value

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