Terminal emulator co pays a constant 179 dividend on its, Ask an Expert

Finance

Terminal Emulator Co. pays a constant $17.9 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever.

If the required return on this stock is 8.7 percent, what is the current share price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92862962

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