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> Question 3 2 pts A young start-up company, Larabee Inc. can't afford paying any dividend in the next 5 years because the firm needs
> Question 3 2 pts A young start-up company, Larabee Inc. can't afford paying any dividend in the next 5 years because the firm needs to plow back its earnings to fuel growth. After that, the firm anticipates to pay $1.5 dividend per share in year 6 and to increase the dividend by 2 percent per year thereafter. If the required return on this stock is 10 percent, what should the current share price be? $11.64 $18.75 $19.13 $10.79
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