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Non - Constant Growth ( LO 1 ) Foxtrap Bearings Inc. is a young start - up company No dividends will be paid on the
NonConstant Growth LO Foxtrap Bearings Inc. is a young startup company No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growthThe company will pay a $ pershare dividend in ten years and will increase the dividend by per year thereafter. If the required return on this stock is what is the current share price?
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