Xyz juice inc is not paying a dividend right now but is

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XYZ Juice, Inc. is not paying a dividend right now, but is expected to pay a $4.56 dividend two years from now. Investors expect that dividend to grow by 5% every year forever. If the required return on the stock investment is 14%, what should be the price of XYZ Juice stock today?

Reference no: EM13610513

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