That dividend is expected to grow at 36 per year in, Financial Management

That dividend is expected to grow at 36 per year in

A common stock currently pays no dividends nd it is not expected to pay any dividends for the next 5 years. at the end of year six, the stock is expected to pay a dividend of $2.20/share. that dividend is expected to grow at 3.6% per year in perpetuity. the RRR is 14%. What is the value of the stock today?

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