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CapOne AI ( COI ) is a high - tech company that just paid a dividend of $ 5 . The company will raise this

CapOne AI (COI) is a high-tech company that just paid a dividend of $5. The company will raise this dividend to $10 through equal yearly increments over the next 5 years. After that, the company expects to increase the dividend at a constant rate of 3% per year. Assuming that the required discount rate is 15% per year and that dividends are paid yearly, enter below the value of the stock.

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