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Thank you A stock will not pay a dividend for four years and then will pay a 56 dividend (D5) that will grow constantly forever
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A stock will not pay a dividend for four years and then will pay a 56 dividend (D5) that will grow constantly forever at 5%. If the required rate of return for this stock is 10%, what is the value today? Please enter your answer in dollars (without the 5 sign) to two decimals Step by Step Solution
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