Question
21. Rocket Man Corp. pays a constant $12 dividend on its stock. The company will maintain this dividend for the next eight years and will
21. Rocket Man Corp. pays a constant $12 dividend on its stock. The company will maintain this dividend for the next eight years and will then cease paying dividend forever. If the required return on this stock is 10%, what is the current share price?
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Small Business Finance And Valuation
Authors: Rick Nason, Dan Nordqvist
1st Edition
1952538122, 9781952538124
