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Fickell Industries is growing rapidly and currently retains all of its earnings ( i . e . , no dividends ) . If is expected
Fickell Industries is growing rapidly and currently retains all of its earnings ie no dividends If is expected that Fickell will begin paying a $ dividend years from today. The dividend will grow by in years and Thereafter year and beyond dividend growth is expected to be a constant per year. If the required return for Fickell Industries stock is what is the market price of Fickell stock?
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