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You believe Best Co. will not pay any dividends over the next 25 years so it can reinvest its profits into growth of its business.

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You believe Best Co. will not pay any dividends over the next 25 years so it can reinvest its profits into growth of its business. Instead it will pay a $5/share dividend at the end of year 26 which you expect will grow at 6% per year in perpetuity. Best Co.'s cost of equity is 10%. What is the company stock worth today? O Prices $10.0 $10.0

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