Oil Forever Company has the following net income forecast: $58,590k in 2017, $60,347.7 in 2018, $62,158.1 in
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Oil Forever Company has the following net income forecast: $58,590k in 2017, $60,347.7 in 2018, $62,158.1 in 2019. The growth expect to be the same in the visible future. The cost of capital is 9%. All of net income is distributed as dividends. There are 7m of shares outstanding. What is the current share price?
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