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USD will not pay any dividends for the next 30 years. Beginning in year 31, the firm will begin to pay a $30 per share
- USD will not pay any dividends for the next 30 years. Beginning in year 31, the firm will begin to pay a $30 per share dividend. The dividend will increase at an 8% rate annually thereafter. Given an opportunity cost of capital of 18%, what should the stock sell for today?
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