If 1) the expected return for Belmont Bagels stock is 8.25 percent; 2) the dividend...
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If 1) the expected return for Belmont Bagels stock is 8.25 percent; 2) the dividend is expected to be $0.00 in one year, $6.07 in two years, $0.00 in three years, $4.89 in four years, and $2.36 in five years; and 3) after the dividend is paid in five years, the dividend is expected to begin growing by 4.99 percent a year forever, then what is the current price of one share of the stock?
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