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QUESTION
Games R' Us Inc. is expected to pay no dividends for the next six years. At the end of the sixth year it will pay a dividend of $50 and cease...
Games R' Us Inc. is expected to pay no dividends for the next six years. At the end of the sixth year it will pay a dividend of $50 and cease operations. How much would you pay for the stock if you require a 10% rate of return?
