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Apocalyptica Corp. pays a constant $11.31 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 10 percent, what is the current share price? Answer with 2 decimals (e.g. 45.45).

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  • Category:- Basic Finance
  • Reference No.:- M92519113
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