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Goulds Corp. pays a constant $8.90 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease
Goulds Corp. pays a constant $8.90 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 11\%, what is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current share price $ Step by Step Solution
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Startup CFO The Finance Handbook For Your Growing Business
Authors: Kyle Brennan
1st Edition
1790959403, 978-1790959402
