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EarlyOne Inc. is start-up company and therefore is not paying dividends for the next 4 years. At the following year, EarlyOne will start paying an

EarlyOne Inc. is start-up company and therefore is not paying dividends for the next 4 years. At the following year, EarlyOne will start paying an annual dividend of $8 per share per year until year 12. Thereafter, it will increase the dividends by 3% per year forever. If the required rate of return on this stock is 10%, what is the price of this stock today

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