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please do it in 20 minutes please urgently... I'll give you up thumb definitely 3 A company that currently does not pay dividends on its
please do it in 20 minutes please urgently... I'll give you up thumb definitely
3 A company that currently does not pay dividends on its stock is expected to begin paying a constant annual dividend 9 years from now in the amount of $4.25 per share. The company is expected to maintain this dividend for 5 years and then cease paying dividends forever. Assume the required return on this stock is 10%. What will this stock sell for 8 years from now? 4 points Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. 8 01:57:05 Numeric ResponseStep by Step Solution
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