If the required return on the stock is 8 percent what is


Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.80, $16.80, $21.80, and $3.60. Afterwards, the company pledges to maintain a constant 5.75 percent growth rate in dividends, forever.

If the required return on the stock is 8 percent, what is the current share price?

 

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Finance Basics: If the required return on the stock is 8 percent what is
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