Assuming a stock's value is a function of the dividend it pays, what is a share of RenTech's common stock worth today based on the following information? Each share of RenTech common stock pays a fixed dividend of $2.3 The firm is expected to pay dividends for each of the next 4 years At the end of 4 years the stock is expected to cease paying dividends. A reasonable investor's required return on the stock is 10.26%.

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