Thirsty cactus corp just paid a dividend of 210 per share


Thirsty Cactus Corp. just paid a dividend of $2.10 per share. The dividends are expected to grow at 21 percent for the next eight years and then level off to a growth rate of 7 percent indefinitely. 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 210 per share
Reference No:- TGS0623574

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