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Apocalyptica Corp. pays a constant $29 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease

Apocalyptica Corp. pays a constant $29 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever.

required: If the required return on this stock is 9 percent, what is the current share price?

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