How much would be willing to pay today for burger kings, Financial Management

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How much would be willing to pay today for burger kings

Burger King plans to pay no dividends for the next 10 years. Subsequently, you anticipate Burger King will initiate a $1 quarterly dividend that will grow at 2% each quarter. How much would be willing to pay today for Burger Kings stock if your required return is 16% annually with quarterly compounding ?

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Financial Management: How much would be willing to pay today for burger kings

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