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7. Stock Valuation (LO1) Goulds Corp. pays a constant $9.75 dividend on its stock. The company will maintain this dividend for the next 11 years

7. Stock Valuation (LO1) Goulds Corp. pays a constant $9.75 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividend forever. If the required return on this stock is 10%, what is the current share price? 8. Valuing Preferred Stock (LOD) Big Pond Inc ha

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7. Stock Vahatioe (LO1) Goulds Corp pays a constant $9.75 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividendD forever. If the required return on this stock is 10\%, what is the current share price

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