Question
Apocalyptica Corp. pays a constant $9.65 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease
Apocalyptica Corp. pays a constant $9.65 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price?
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
