Question: Suppose a stock is expected to pay no dividends in years 0, 1, ..., 9 and then, starting from year 10, a constant expected

Suppose a stock is expected to pay no dividends in years 0,

Suppose a stock is expected to pay no dividends in years 0, 1, ..., 9 and then, starting from year 10, a constant expected dividend of $10 per year forever. The company's beta is 1 and the expected market return is 10%. What is the fundamental value of the stock at date-O?

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