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Find what is the current share price

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Question 1: A start-up company will pay no dividend for the next 9 years but will pay a £7 dividend in year 10 and increase the dividend by 5% thereafter. If the required return is 13%, what is the current share price?

Reference no: EM132502527

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Find what is the current share price : 9 years but will pay a £7 dividend in year 10 and increase the dividend by 5% thereafter. If the required return is 13%, what is the current share price?
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