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Chapter 19 Graded Homework Question 4 (of 60 1000 points Estes Park Corp pays a constant s8.30 dvidend on its stock The company wil maintain

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Chapter 19 Graded Homework Question 4 (of 60 1000 points Estes Park Corp pays a constant s8.30 dvidend on its stock The company wil maintain this dividend for the next 14 years and will then cease paying dividends the required return on this stock is 12 forever percent, what is the current share price? answer to 2 decimal places, eg.. 32.16.) References eBook & Resources objective 08.01 How stock prices depend on future dividends and dividend growth Worksheet Difficulty: Basic stock valuation section 8.1 commo

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