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Captured Photographs doesn't currently pay any dividends but is expected to start doing so in 4 years. That is , Captured Photographs will go 3
Captured Photographs doesn't currently pay any dividends but is expected to start doing so in years. That is Captured Photographs will go more years without paying any dividends and then is expected to pay its first dividend of $ per share in the fourth year. Once the company starts paying dividends, it's expected to continue to do so The company is expected to have a dividend payout ratio of and to maintain a return on equity of Based on the DVM and given a required rate of return of what is the maximum price you should be willing to pay for this stock today?
The maximum price you should be willing to pay for this stock today is $Round to the nearest cent.
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