What is the current share price for getthelook inc

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Question 1: Getthelook Inc., is a young start-up company providing unique shopping experience for women. Firms needs to retain its earning to fuel the growth, therefore, no dividends will be paid on the stock over the next 10 years. The company will pay a dividend of $150 per share in the 11th year and will increase the dividend by 5 percent per year thereafter. Company's required return on this stock is 12 percent. What is the current share price?

Reference no: EM132861380

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