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Listen You are considering buying shares in a company that is expanding very fast. Therefore, the company will pay $ 0 dividends for the next
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You are considering buying shares in a company that is expanding very fast. Therefore, the company will pay $ dividends for the next years. After that, starting at the end of year it will pay a dividend of $ per share to its common shareholders and increase it by each year forever. If you require per year on this investment, how much would you pay for the stock?
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a $
b $
c $
D
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