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Apocalyptica Corp. pays a constant $25 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease
Apocalyptica Corp. pays a constant $25 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. |
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If the required return on this stock is 13 percent, what is the current share price? |
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