Question: could someone help, and show their steps? I'm getting twisted up somewhere! (Estimated time allowance: 17 minutes) EarlyOne Inc. is start-up company and therefore is

could someone help, and show their steps? I'm getting twisted up somewhere!
could someone help, and show their steps? I'm getting twisted up somewhere!

(Estimated time allowance: 17 minutes) EarlyOne Inc. is start-up company and therefore is not paying dividends for the next 5 years. At the following year, EarlyOne will start paying an annual dividend of $6 per share per year until year 14. Thereafter, it will increase the dividends by 2% per year forever. If the required rate of return on this stock is 9%, what is the price of this stock today

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