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Sanding and bending inc will pay no dividends for the next

Sanding and Bending Inc. will pay no dividends for the next seven years. In the Year 8, it will pay a dividend of $6 and maintain a constant growth of 6 percent thereafter. If the required rate of return is 12 percent, what is the value of the stock?

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Basic Computer Science: Sanding and bending inc will pay no dividends for the next

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Basic Computer Science: Sanding and bending inc will pay no dividends for the next

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