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OneNo Corp is a startup company and therefore is not paying dividends for the next 6 years. At thr following year, OneNo Corp. will start
OneNo Corp is a startup company and therefore is not paying dividends for the next 6 years. At thr following year, OneNo Corp. will start paying an annual dividend of 10$ per share per year until year 11 (this is a period of 0% growth in dividends) Thereafter it will increase the dividends by 4% per year forevee. The reauired rate of return on this stock is 9%. What is the present value of dividends recoeved during the 0% growth in dividends?
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