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the green recycling company is in the stage high growth and thus will not pay any dividends for the next 3 years. after that, starting
the green recycling company is in the stage high growth and thus will not pay any dividends for the next 3 years. after that, starting at the end of year 4, the company will pay dividend by 12% each year until it pays $1.50 at the end of year 10. after that, the dividend will remain at $1.50 per year forever. if you are interested in investing in this company and requires a rate of return of 10% per year on this investment, how much should you pay for the stock?
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