If the required return on this stock is 11 what is the


High-Tech Virtual Reality, Inc. is expected to pay the following dividends over the next 4 years: $6, $20, $30, and $6.16. After that, the company promised to pay a constant 5% growth rate in dividends forever. If the required return on this stock is 11%, what is the current share price?

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Financial Management: If the required return on this stock is 11 what is the
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