Question
Goulds Corp. pays a constant $9.50 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease
| Goulds Corp. pays a constant $9.50 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price? |
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The Infographic Guide To Personal Finance
Authors: Michele Cagan CPA, Elisabeth Lariviere
1st Edition
1507204663, 978-1507204665
