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can u please help and explainn thansk Ingevity Corporation, a specialty chemical company, pays a dividend of $13.25 each year. The company will maintain this

can u please help and explainn thansk

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Ingevity Corporation, a specialty chemical company, pays a dividend of $13.25 each year. The company will maintain this dividend for 8 years and then discontinue the dividends forever. The rate of return of return on the stock is 11%. What is the current price of Ingevity stock? (15 POINTS)

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