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If the required return on this stock is 14 percent what is

Apocalyptica Corp. pays a constant $24 dividend on its stock. The company will maintain this dividend for the next 7 years and will then cease paying dividends forever.

Required:

If the required return on this stock is 14 percent, what is the current share price?

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Finance Basics: If the required return on this stock is 14 percent what is

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Finance Basics: If the required return on this stock is 14 percent what is

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