1. 7. Share Valuation [LO 8.1] Werombi Fresh Foods Company pays a constant $8.25 dividend on its...

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1. 7. Share Valuation [LO 8.1] Werombi Fresh Foods Company pays a constant

$8.25 dividend on its shares. The company will maintain the dividend for the next 13 years and will then cease paying dividends forever. If the required return on the shares is 11.2 per cent, what is the current share price?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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