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( Estimated time allowance: 7 minutes ) OneNo Corp. is start - up company and therefore is not paying dividends for the next 6 years.
Estimated time allowance: minutes OneNo Corp. is startup company and therefore is not paying dividends for the next years. At the following year, OneNo Corp. will start paying an annual dividend of $ per share per year until year this is a period of growth in dividends Thereafter, it will increase the dividends by per year forever. The required rate of return on this stock is
What is the present value of dividends received during the growth in dividends?
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