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Apocalyptica Corp. pays a constant $22 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease

Apocalyptica Corp. pays a constant $22 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease paying dividends forever.

Required:
If the required return on this stock is 15 percent, what is the curren

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