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Question 14 6 pts EdTech Co is a start-up tech firm established to meet the needs of online teaching and learning during the COVID19 pandemic.
Question 14 6 pts EdTech Co is a start-up tech firm established to meet the needs of online teaching and learning during the COVID19 pandemic. They expect to pay no dividends over the next 4 years because the company needs to retain funds for growth. The company will then pay a $5.50 semi-annual dividend per share and which they will increase the dividend by 2.8% p.a. compounding semi-annually for the next 2 years; before pledging to maintain a constant growth at 4% p.a. compounding annually in dividends forever as the company matures. What is the maximum price that an investor would be willing to pay for EdTech Co stock now if an appropriate required return is 8% 11.a. compounding semi-annually? HTML Editorn B I VA - A - IX E 25 1 1 X X : E TTT 12pt Paragrap
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