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Apocalyptica Corp. pays a constant $29 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease
Apocalyptica Corp. pays a constant $29 dividend on its stock. The company will maintain this dividend for the next 10 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?
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