Determining the current share price


Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.20, $16.20, $21.20, and $3.00. Afterwards, the company pledges to maintain a constant 5.50 percent growth rate in dividends, forever.If the required return is 9 percent, what is the current share price?

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Finance Basics: Determining the current share price
Reference No:- TGS041634

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