The company will maintain this dividend for the next 12


Terminal Emulator Co. pays a constant $17.9 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever.

If the required return on this stock is 8.7 percent, what is the current share price?

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Financial Management: The company will maintain this dividend for the next 12
Reference No:- TGS02819778

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