Question 2: What is the current stock price of Slack Inc.that will pay its first yearly dividends of $3.00 in year 5, which will then grow for another 30 years at 8% per year, after which it will grow at 4% forever? The required rate of return on the stock is 13%.
A. 32.41
B.32.59
C. 627.65
D. 83.48
E. 53.62
Thus the answer will be B)
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