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Douglas Aerospace, Inc is a young company. There will be no dividends paid for 8 years because they want to reinvest profits back into the
- Douglas Aerospace, Inc is a young company. There will be no dividends paid for 8 years because they want to reinvest profits back into the company. In Year 9, the company will pay a $6.84 dividend and will increase this dividend 8.55% each year thereafter. If the required return on this stock is 10.25%, what is the current share price?
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