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Apocalyptica Corp. pays a constant $21 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease
Apocalyptica Corp. pays a constant $21 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. Required: If the required return on this stock is 14 percent, what is the current share price? Multiple Choice $231,00 $120.23 O O O o $112.22 $114.51 $130.54
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