If the required return on this stock is 14 percent what is


No dividends will be paid on the stock over the next nine years, because the first needs to plow back its earnings to fuel growth. The company will pay a $7 per share dividend in 10 years and will increase the dividend by 6 percent per year, thereafter. If the required return on this stock is 14 percent, what is the current share price?

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Basic Statistics: If the required return on this stock is 14 percent what is
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