Thirsty cactus corp just paid a dividend of 145 per share, Finance Basics

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Thirsty cactus corp just paid a dividend of 145 per share

Thirsty Cactus Corp. just paid a dividend of $1.45 per share. The dividends are expected to grow at 30 percent for the next 10 years and then level off to a 6 percent growth rate indefinitely.

Required :

If the required return is 14 percent, what is the price of the stock today?

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Finance Basics: Thirsty cactus corp just paid a dividend of 145 per share

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Finance Basics: Thirsty cactus corp just paid a dividend of 145 per share

Reference No:- TGS0630322

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Finance Basics: Thirsty cactus corp just paid a dividend of 145 per share

Reference No:- TGS0630322

Recent Questions Asked Finance Basics

Q : You have been working assiduously for several years to

Q : How would i solve this problem would i find the growth for

Q : Write a 250 word maximum paper defining ldquoaugmented

Q : Suppose a bond with three years until maturity and an 85

Q : Thirsty cactus corp just paid a dividend of 145 per share

Q : A typical hard drive in a computer spins at 5400rpm what

Q : A project has an initial cost of 16000 and a 4-year life

Q : Suppose that a disk rotates through five revolutions in 4

Q : Metroplex corporation will pay a 480 per share dividend

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