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Suppose that Zoom Video Communication, Inc. s ( ZM ) stock is selling for $ 5 0 . 0 0 per share. Analysts believe that
Suppose that Zoom Video Communication, Inc.s ZM stock is selling for $ per share. Analysts believe that the growth rate for Zoom will be for the next three years, for the following years, and thereafter, the growth rate will be indefinitely. Due to its growth, Zoom will not pay a cash dividend until three years from now. At the time the dividend will be $ Thereafter the dividend will grow by the same rate as the company. Stockholders require a return of percent on Zooms stock.
Required:
a Based on the above assumptions, determine the price of Zooms common stock.
But i keep getting diff solution, can you do it with the time value table and considering year
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