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 $0.15 per share in three years. This dividend will grow at 9 percent indefinitely. Using a 10 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 015 per share in three years this dividend
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