Question: 24 25 points While it doesn't pay dividends now, Back Razors R Us will pay its first dividend of $352 exactly 5 years from now.

24 25 points While it doesn't pay dividends now, Back Razors R Us will pay its first dividend of $352 exactly 5 years from now. Thereafter, future annual dividends will grow ata constant 3.3% per year. What is a fair price for the stock today if the equity cost of capital is 13.5%? Round your answer to the nearest penny Type your answer.. Previous Next MacBook Air

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