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Please provide answer for the following problem. Thank you! A stock pays a dividend that grows at rate g each year. The first dividend, which

Please provide answer for the following problem. Thank you!

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A stock pays a dividend that grows at rate g each year. The first dividend, which will be paid in one year, will be D, the next dividend, which will be paid in two years, will be (1+g)D, the third dividend will be (1+g)2D, etc. The interest rate is r, g

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