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Shuying Water co. will pay a quarterly dividend per share of $0.85 at the end of each of the next 12 quarters. Thereafter, the dividend
Shuying Water co. will pay a quarterly dividend per share of $0.85 at the end of each of the next 12 quarters. Thereafter, the dividend will grow at a quarterly rate of 1%, forever. The required return on the stock is 10% compounded quarterly. What is the current stock price. What is the capital gain of Shuying Water Co.s stock
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