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The XYZ Inc. ' s one share will pay an investor with the dividend payment of $ 0 at the end of year 1 (
The XYZ Inc.s one share will pay an investor with the dividend payment of $ at the end of year t the dividend payment of $ at the end of year t the dividend payment of $ at the end of year t and the dividend payment of $ at the end of year t After that, the dividend payments will grow at a constant rate of per year, forever. If the investor's cost of capital required rate of return is per annum, then what is the maximum price they are willing to pay for one share the XYZ Inc. now at time t
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