Thirsty cactus corp just paid a dividend of 130 per share, Finance Basics

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Thirsty cactus corp just paid a dividend of 130 per share

Thirsty Cactus Corp. just paid a dividend of $1.30 per share. The dividends are expected to grow at 16 percent for the next eight years and then level off to a growth rate of 5 percent indefinitely. If the required return is 11 percent, what is the price of the stock today?

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Finance Basics: Thirsty cactus corp just paid a dividend of 130 per share

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Finance Basics: Thirsty cactus corp just paid a dividend of 130 per share

Reference No:- TGS0599680

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Thirsty cactus corp just paid a dividend of 130 per share

Reference No:- TGS0599680

Recent Questions Asked Finance Basics

Q : Assuming semiannual coupon payments what will be the

Q : One of the ways to look at programming at the

Q : Rockinghouse corp plans to issue seven-year zero coupon

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Q : The next dividend payment by blue cheese inc will be 192

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Q : Consider a thin ring of radius a with uniform charge

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