Estes park corp pays a constant 830 dividend on its stock, Financial Management

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Estes park corp pays a constant 830 dividend on its stock

Estes Park Corp. pays a constant $8.30 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price?

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Financial Management: Estes park corp pays a constant 830 dividend on its stock

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