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QUESTION 13 A non-dividend paying company is expected to begin paying dividends. 3 years from now. The expected dividend at that time will be $225

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QUESTION 13 A non-dividend paying company is expected to begin paying dividends. 3 years from now. The expected dividend at that time will be $225 and their growth rate is expected to be constant 6.5% forever. If the required return on this company is 12.5%, what is the value of the stock today? O 22.22 O 29.63 46.91 25.40 O 3685

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