Question: Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a $6 per share dividend in 10 years, and you

Netscrape Communications does not currently pay a You expect the company to begin paying a $6 per share in 10 years, and you expect dividends to grow perpetually at 5.5 percent per year thereafter. If the is 15 percent, how much is the stock currently worth?

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