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SKYSONG Ltd . had earnings per share of $ 5 as of December 3 1 , 2 0 2 2 , but paid no dividends.
SKYSONG Ltd had earnings per share of $ as of December but paid no dividends. Earnings were expected to grow at percent per year for the following five years. SKYSONG Ltd will start paying dividends for the first time on December distributing percent of its earnings to shareholders. Earnings growth will be percent per year for the next six years that is from January through to December Starting on December SKYSONG Ltd will begin to pay out percent of its earnings in dividends and earnings growth will stabilize at percent per year in perpetuity. The required rate of return on SKYSONG stock is percent. What should be the current share price of SKYSONG? Round intermediate calculations to decimal places, eg and the final answer to decimal places, eg Current share price of SKYSONG $
SKYSONG Ltd had earnings per share of $ as of December but paid no dividends. Earnings were expected to grow at percent per year for the following five years. SKYSONG Ltd will start paying dividends for the first time on December distributing percent of its earnings to shareholders. Earnings growth will be percent per year for the next six years that is from January through to December Starting on December SKYSONG Ltd will begin to pay out percent of its earnings in dividends and earnings growth will stabilize at percent per year in perpetuity. The required rate of return on SKYSONG stock is percent. What should be the current share price of SKYSONG? Round intermediate calculations to decimal places, eg and the final answer to decimal places, eg
Current share price of SKYSONG $
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