Far Side Corporation is expected to pay the following dividends over the next four years: $13, $9, $7, and $4. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever.

if the required return on the stock is 12 percent, what is the current share price?

Far Side Corporation is expected to pay the following dividends over the next four years: $13. $9. $7, and $4. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. Required: If the required return on the stock is 12 percent, what is the current share price? (Do not round your intermediate calculations.) $80.71 $78.66 $83.13 $76.67 $84.88 Check my work 2020 McGraw-Hill Education All rights reserved