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Company B will pay a dividend of $3 Billion at the ehd of year 1 and a dividend of $4 Billion at the end of

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Company B will pay a dividend of $3 Billion at the ehd of year 1 and a dividend of $4 Billion at the end of year 2 . After year 2 , the dividend will increase at a rate of 1% indefinitely. Assume a cost of equity of 10%. What is the value of Company B? $48 Billion $57 Billion $52 Billion $43 Billion

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