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Company A has an EPS of $5.95 today. The company is currently not paying dividends. They expect to grow the earnings by 32% for the

Company A has an EPS of $5.95 today. The company is currently not paying dividends. They expect to grow the earnings by 32% for the next 5 years. After 5 years, they will start paying 73% in dividends. What should be the price of the stock today if they expect the dividends to grow by 7 after year 5? The cost of capital is 10.55.

NOTE: Enter the number rounding to two decimals. If your answer is $5.6786, your answer must be 5.68.

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