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Company Z-prime is like Z in all respects save one: Its growth will stop
after year 4. In year 5 and afterward, it will pay out all earnings as
dividends. What is Z-prime's stock price? Assume next year's EPS is $15.
after year 4. In year 5 and afterward, it will pay out all earnings as
dividends. What is Z-prime's stock price? Assume next year's EPS is $15.
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