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please do full answer!! A firm does not pay a dividend. It is expected to pay its first dividend of $0.40 per share in three
please do full answer!! 
A firm does not pay a dividend. It is expected to pay its first dividend of $0.40 per share in three years. This dividenid will grow at 10 percent indefinitely. Use an 11 percent discount rate. Compute the value of this stock. (Round your answer to 2 decimal places.) Step by Step Solution
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
