Question
Question 7 Unsaved Apocalyptica Corp. pays a constant $9.80 dividend on its stock. The company will maintain this dividend for the next 11 years and
Question 7 Unsaved Apocalyptica Corp. pays a constant $9.80 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 14 percent, what is the current share price? Answer with 2 decimals (e.g. 45.45). Your Answer:
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
