What is the current share price


Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.10, $16.10, $21.10, and $2.90. Afterwards, the company pledges to maintain a constant 5.25 percent growth rate in dividends, forever.Required: If the required return on the stock is 7 percent, what is the current share price?

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Finance Basics: What is the current share price
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