(Answered) Anthrax inc is a young startup company it will not pay any

Finance

Anthrax Inc is a young startup company. It will not pay any dividends for the next 9 years as it grows. In year 10 it will pay a dividend of $12.00 per share and this will grow at a rate of 4% per year forever after. If the required return on the stock is 18%, what is the current share price?

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