Share Valuation Vivendi SA pays a constant 1.40 dividend on its equity. The company will maintain this
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Share Valuation Vivendi SA pays a constant €1.40 dividend on its equity. The company will maintain this dividend for the next 11 years, and will then cease paying dividends for ever. If the required return on this equity is 10 per cent, what is the current share price?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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