Determining the current share price of company


If it"s the company"s policy to always maintain a constant growth rate in its dividends what is the current dividend per share? 4. Gruber Corp. Pays a constant $12 dividend on its stock. The company will maintain this dividend for the next eight years and will then cease paying dividends forever. If the required return on this stock is 10%, what is the current share price?

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Finance Basics: Determining the current share price of company
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