Business, 23.10.2020 16:00, carolinasoto

McGonigal's Meats, Inc. currently pays no dividends. The firm plans to begin paying dividends in 6 years. The first dividend will be $1.50 (D6) and dividends will grow at 6% per year thereafter. Given a required return of 10%, what would you pay for the stock today (approximately)

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McGonigal's Meats, Inc. currently pays no dividends. The firm plans to begin paying dividends in 6 y...