Apocalyptica corp pays a constant 23 dividend on its stock


Question: Apocalyptica Corp. pays a constant $23 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. Required: If the required return on this stock is 15 percent, what is the current share price? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Apocalyptica corp pays a constant 23 dividend on its stock
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