(Answered) Fd corp pays a constant 12 dividends on tis stock for the

Accounting

FD Corp. pays a constant $12 dividends on tis stock for the next 9 years, then will cease paying dividends forever. If investors require 10% return on this stock, what is the current value of the stock?

(this means you need to find the PV of the stream of cash flows over the 9 years)

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