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Sooner Motors Inc. has a 11% required rate of return. The firm does not expect to initiate dividends for 10 years, at which time it

Sooner Motors Inc. has a 11% required rate of return. The firm does not expect to initiate dividends for 10 years, at which time it will start paying dividend every year. At that time, an estimate of the firms' price will be $40. What is the firm's current stock price?

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