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Tesla has just paid a dividend of $10 per share and has announced that it will increase the dividend by $2 per share for each
Tesla has just paid a dividend of $10 per share and has announced that it will increase the dividend by $2 per share for each of the next three years, and then never pay another dividend. If you require an 10% return on the companys stock, what is the value of the stock? Would you buy the stock if it is selling for $38 per share?
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