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plz solve this Chamberlain Corporation is expected to pay the following dividends over the next four years: $13.20. $9.20, $8.20, and $3.70. Afterward, the company
plz solve this
Chamberlain Corporation is expected to pay the following dividends over the next four years: $13.20. $9.20, $8.20, and $3.70. Afterward, the company pledges to maintain a constant 4% growth rate in dividends forever. If the required return on the stock is 12%, what is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Current share price $Step by Step Solution
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