Question: Question 6 (1 point) Alphabet Inc. will not pay it's first dividend until ten years from now. The first dividend received in 10 years is
Question 6 (1 point) Alphabet Inc. will not pay it's first dividend until ten years from now. The first dividend received in 10 years is expected to be $100. Dividends are expected to grow at 3% forever after this first dividend payment. The required rate of return for similar stocks is 15%. What is the current value of Alphabet, Inc. stock
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