A firm does not pay a dividend it is expected to pay its
A firm does not pay a dividend. It is expected to pay its first dividend of $0.18 per share in three years. This dividend will grow at 12 percent indefinitely. Use a 13 percent discount rate. Compute the value of this stock.
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a firm does not pay a dividend it is expected to pay its first dividend of 018 per share in three years this dividend
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