Apocalyptica corp pays a constant 25 dividend on its stock, Ask an Expert

Finance

Apocalyptica Corp. pays a constant $25 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever.

Required:

If the required return on this stock is 9 percent, what is the current share price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93061539

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