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Zuvio just went public. As a growing firm, it is not expected to pay a dividend for the first 3 years. After that, Zuvio is

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Zuvio just went public. As a growing firm, it is not expected to pay a dividend for the first 3 years. After that, Zuvio is expected to pay an annual dividend $5.00 per share with no growth. If the required return is 8%, Zuvio's current stock price should be Round your answer to the nearest 2 decimal places

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