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QUESTION 1 A non-dividend paying company is expected to begin paying dividends, 5 years from now. The expected dividend at that time will be $2.75

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QUESTION 1 A non-dividend paying company is expected to begin paying dividends, 5 years from now. The expected dividend at that time will be $2.75 and their growth rate is expected to be constant 5.5% forever. If the required return on this company is 14.5%, what is the value of the stock today? $13.66 O $17.78 $10.76 $20.71 $16.16

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