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Suppose a company pays no dividends now, but it will start paying a dividend of $2 in four years and it will then grow at
Suppose a company pays no dividends now, but it will start paying a dividend of $2 in four years and it will then grow at a constant rate of 8%, what will the price of a share of this company be today if the discount rate is 10%
a) $85.90
b) $20
c) $75.13
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