QUESTION 6\ A common stock with a RRR of

12.30%

is not expected to pay any dividend for the following seven years. Its first dividend of

$1.82

share is expected to be paid in eight years. The dividends are expected to stay constant in perpetuity. What should the price of this stock be today?

A common stock with a RRR of 12.30% is not expected to pay any dividend for the following seven years. Its first dividend of $1.82/ share is expected to be paid in eight years. The dividends are expected to stay constant in perpetuity. What should the price of this stock be today? A common stock with a RRR of 12.30% is not expected to pay any dividend for the following seven years. Its first dividend of $1.82/ share is expected to be paid in eight years. The dividends are expected to stay constant in perpetuity. What should the price of this stock be today