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Assume the stock for Mo - Money Inc. is expected to pay a $ 1 0 dividend for each of the next 3 years while
Assume the stock for MoMoney Inc. is expected to pay a $ dividend for each of the next years while this company develops new products, Starting years from today, the dividend is expected increase by and grow at that yearly rate thereafter. If the annual equity opportunity cost of capital for MoMoney is what should the current price of one share of this stock beEnter your estimate as a positive number stated to the nearest penny lie round to two decimal places Do not enter any commas.
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