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Watermelon Co . is a young start - up company. No dividends will be paid on the stock over the next 4 years because the
Watermelon Co is a young startup company. No dividends will be paid on the stock over the next years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $ per share years from today and will increase the dividend by per year thereafter. If required return on this stock is what is the current share value?
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