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18. Far Side Corporation is expected to pay the following dividends over the next four years: $11, $8, S5, and $2. Afterwards, the company pledges

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18. Far Side Corporation is expected to pay the following dividends over the next four years: $11, $8, S5, and $2. Afterwards, the company pledges to maintain a constant 5 percent growth rate in dividends, forever. If the required return on the stock is 12 percent, what is the current share price? (7 marks)

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