Pasqually mineral water inc will pay a quarterly dividend, Ask an Expert

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Pasqually Mineral Water, Inc., will pay a quarterly dividend per share of $.90 at the end of each of the next 12 quarters. Thereafter, the dividend will grow at a quarterly rate of 1.2 percent forever. The appropriate rate of return on the stock is 10 percent, compounded quarterly.

What is the current stock price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92865241

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