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You are valuing a company that specializes in AI . The company has reinvested all its earnings into the business and thus has not paid
You are valuing a company that specializes in AI The company has reinvested all its earnings into the business and thus has not paid a dividend yet. You expect that it will not pay any dividends in the next four years. You expect the first dividend of $ to be paid out at the end of year and that dividends will continue to grow at a rate of per year. Whats the value of one share? Assume an interest rate of per year. Answer in dollars with decimals.
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