Question: please help w this question. Thank you! A startup will start paying dividends at the end of year 6. The initial growth rate is 10%.
please help w this question. Thank you!
A startup will start paying dividends at the end of year 6. The initial growth rate is 10%. This growth rate will continue until year 10. Starting from year 11, the growth rate drops to 5%. The discount rate is 15%. What is the current price of the stock if the initial dividend is $10? $83.85 $58.14 $59.52 $85.49 $57.82
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