Question: A compary does not currently pay a dividend. You expect the company to begin paying a $ 1 . 5 3 per share dividend in

A compary does not currently pay a dividend. You expect the company to begin paying a $1.53 per share dividend in 6 years, and you expect dividends to grow perpetually at 4.63% per year thereafter. If the discount rate is 9.91 K , how much is the stock currently worth?
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173712 maminotemper 1005
A compary does not currently pay a dividend. You

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