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Far Side Corporation is expected to pay the following dividends over the next four years: $13, $12, $8, and $4. Afterward, the company pledges to
Far Side Corporation is expected to pay the following dividends over the next four years: $13, $12, $8, and $4. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. Required: If the required return on the stock is 13 percent, what is the current share price? (Do not round your intermediate calculations.) O $68.03 $71.78 $66.05 $64.10 O $62.75
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