Question: Company TYK forecasts that it will begin paying dividends seven years from now, at which point dividends are $1 per share.thereafter, dividends are expected to

Company TYK forecasts that it will begin paying dividends seven years from now, at which point dividends are $1 per share.thereafter, dividends are expected to growth at a constant rate 6% per year. The discount rate for TYK is 10%. How much would you pay for one share in Company TYK ?

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