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If a company just paid a dividend of $ 2 . 0 0 / share . And they have new tech that is expected to

If a company just paid a dividend of $2.00/share. And they have new tech that is expected to go to market this year, and their dividend is expected to grow at 8% per year for the next 7 years. After that, the dividend is not expected to increase for the foreseeable future. The next dividend will be paid exactly in one year. Investors require a 8% rate of return (EAR) for the company's stock

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